Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 46 million loan to <i>Ipiranga Produtos de Petroleo SA</i> under the <i>BNDES limite de crédito</i> scheme (November 2011)

Announcement

08 Nov 2011

In November 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Ipiranga Produtos de Petroleo SA.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

08 Nov 2011

Revocation date:

No revocation date

State loan In force

On 8 November 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 84 million (approx. USD 46 million) loan to Ipiranga Produtos de Petroleo SA. The loan wa...

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Local content incentive In force

The BNDES limite de crédito credit scheme is subject to local content incentives. As such, so is the BRL 84 million (approx. USD 46 million) loan to Ipiranga Produtos de Petroleo SA granted on 8 Novem...

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