Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 20 million loan to <i>Associacao Beneficente Siria</i> under the <i>BNDES finem</i> scheme (December 2011)

Announcement

21 Dec 2011

In December 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Associacao Beneficente Siria.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

21 Dec 2011

Revocation date:

No revocation date

State loan In force

On 21 December 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 37 million (approx. USD 20 million) loan to Associacao Beneficente Siria. The loan was i...

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Local content incentive In force

The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 37 million (approx. USD 20 million) loan to Associacao Beneficente Siria granted on 21 December 2011 by the...

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