Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 11 million loan to <i>Erb Aratinga SA</i> under the <i>BNDES project finance</i> scheme (June 2012)

Announcement

28 Jun 2012

In June 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Erb Aratinga 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

28 Jun 2012

Revocation date:

No revocation date

State loan In force

On 28 June 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 24 million (approx. USD 11 million) loan to Erb Aratinga SA. The loan was issued under the B...

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Local content incentive In force

The BNDES project finance credit scheme is subject to local content incentives. As such, so is the BRL 24 million (approx. USD 11 million) loan to Erb Aratinga SA granted on 28 June 2012 by the Nation...

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