Announcement
14 Oct 2011
In October 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Telefonica Brasil SA.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
14 Oct 2011
Revocation date:
No revocation date
Updated: 14 Oct 2011
Local content incentive
In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 1360 million (approx. USD 802 million) loan to Telefonica Brasil SA granted on 14 October 2011 by the Natio...
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Updated: 14 Oct 2011
State loan
In force
On 14 October 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 1360 million (approx. USD 802 million) loan to Telefonica Brasil SA. The loan was issued ...
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