Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 13 million loan to <i>Companhia Nacional de Cimento</i> under the <i>BNDES finem</i> scheme (October 2012)

Announcement

29 Oct 2012

In October 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Companhia Nacional de Cimento.

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 Oct 2012

Revocation date:

No revocation date

State loan In force

On 29 October 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 26 million (approx. USD 13 million) loan to Companhia Nacional de Cimento. The loan was i...

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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 13 million) loan to Companhia Nacional de Cimento granted on 29 October 2012 by the...

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