Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 19 million loan to <i>Hyundai Construction Equipment Brasil, Industria e Comercio de Equipamentos de Construcao SA</i> under the <i>BNDES finem</i> scheme (November 2012)

Announcement

29 Nov 2012

In November 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Hyundai Construction Equipment Brasil, Industria e Comercio de Equipamentos de Construcao SA.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

29 Nov 2012

Revocation date:

No revocation date

Last action: 29 Nov 2012
Local content incentive In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 40 million (approx. USD 19 million) loan to Hyundai Construction Equipment Brasil, Industria e Comercio de ...
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Last action: 29 Nov 2012
State loan In force
On 29 November 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 40 million (approx. USD 19 million) loan to Hyundai Construction Equipment Brasil, Indus...
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