Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 63 million loan to <i>Votorantim Cimentos SA</i> under the <i>BNDES finem</i> scheme (November 2011)

Announcement

03 Nov 2011

In November 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Votorantim Cimentos SA.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

03 Nov 2011

Revocation date:

No revocation date

Updated: 03 Nov 2011
Local content incentive In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 117 million (approx. USD 63 million) loan to Votorantim Cimentos SA granted on 3 November 2011 by the Natio...
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Updated: 03 Nov 2011
State loan In force
On 3 November 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 117 million (approx. USD 63 million) loan to Votorantim Cimentos SA. The loan was issued ...
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