Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 43 million loan to <i>Vard Niteroi SA</i> under the <i>BNDES finem</i> scheme (November 2011)

Announcement

09 Nov 2011

In November 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Vard Niteroi 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 79 million (approx. USD 43 million) loan to Vard Niteroi SA granted on 9 November 2011 by the National Bank...
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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 79 million (approx. USD 43 million) loan to Vard Niteroi SA. The loan was issued under th...
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