Announcement
20 Dec 2011
In December 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Vale 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
20 Dec 2011
Revocation date:
No revocation date
State loan
In force
On 20 December 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 114 million (approx. USD 62 million) loan to Vale SA. The loan was issued under the BNDE...
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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 114 million (approx. USD 62 million) loan to Vale SA granted on 20 December 2011 by the Nationa...
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