Announcement
09 Nov 2011
In November 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
09 Nov 2011
Revocation date:
No revocation date
Updated: 09 Nov 2011
Local content incentive
In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 875 million (approx. USD 473 million) loan to Telefonica Brasil SA granted on 9 November 2011 by the Nation...
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Updated: 09 Nov 2011
State loan
In force
On 9 November 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 875 million (approx. USD 473 million) loan to Telefonica Brasil SA. The loan was issued u...
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