Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 22 million loan to <i>Cebrace Cristal Plano Ltda</i> under the <i>BNDES finem</i> scheme (October 2011)

Announcement

28 Oct 2011

In October 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Cebrace Cristal Plano Ltda.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

28 Oct 2011

Revocation date:

No revocation date

State loan In force

On 28 October 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 37 million (approx. USD 22 million) loan to Cebrace Cristal Plano Ltda. The loan was issu...

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Local content incentive In force

The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 37 million (approx. USD 22 million) loan to Cebrace Cristal Plano Ltda granted on 28 October 2011 by the Na...

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