Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 12 million loan to <i>Continental do Brasil Produtos Automotivos Ltda</i> under the <i>BNDES finem</i> scheme (June 2012)

Announcement

12 Jun 2012

In June 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Continental do Brasil Produtos Automotivos Ltda.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

12 Jun 2012

Revocation date:

No revocation date

State loan In force

On 12 June 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 26 million (approx. USD 12 million) loan to Continental do Brasil Produtos Automotivos Ltda....

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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 26 million (approx. USD 12 million) loan to Continental do Brasil Produtos Automotivos Ltda granted on 12 J...

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