Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 14 million loan to <i>Cooperativa de Producao e Consumo Concordia</i> under the <i>BNDES finem</i> scheme (June 2012)

Announcement

29 Jun 2012

In June 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Cooperativa de Producao e Consumo Concordia.

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

29 Jun 2012

Revocation date:

No revocation date

State loan In force

On 29 June 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 29 million (approx. USD 14 million) loan to Cooperativa de Producao e Consumo Concordia. The...

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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 29 million (approx. USD 14 million) loan to Cooperativa de Producao e Consumo Concordia granted on 29 June ...

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