Announcement
24 Sep 2012
In September 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Vale SA.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
24 Sep 2012
Revocation date:
No revocation date
Updated: 24 Sep 2012
Local content incentive
In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 548 million (approx. USD 270 million) loan to Vale SA granted on 24 September 2012 by the National Bank for...
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Updated: 24 Sep 2012
State loan
In force
On 24 September 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 548 million (approx. USD 270 million) loan to Vale SA. The loan was issued under the BN...
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