The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 121 million (approx. USD 60 million) loan to Vale SA granted on 24 September 2012 by the National Bank for ...
On 24 September 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 121 million (approx. USD 60 million) loan to Vale SA. The loan was issued under the BND...