Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 14 million loan to <i>Ipiranga Produtos de Petroleo SA</i> under the <i>BNDES limite de crédito</i> scheme (April 2012)

Announcement

27 Apr 2012

In April 2012, 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

27 Apr 2012

Revocation date:

No revocation date

State loan In force

On 27 April 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 27 million (approx. USD 14 million) loan to Ipiranga Produtos de Petroleo SA. The loan was ...

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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 27 million (approx. USD 14 million) loan to Ipiranga Produtos de Petroleo SA granted on 27 Apri...

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