Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 170 million loan to <i>Tim Celular SA</i> under the <i>BNDES limite de crédito</i> scheme (December 2012)

Announcement

10 Dec 2012

In December 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Tim Celular SA.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

10 Dec 2012

Revocation date:

No revocation date

Updated: 10 Dec 2012
Local content incentive In force
The BNDES limite de crédito credit scheme is subject to local content incentives. As such, so is the BRL 348 million (approx. USD 170 million) loan to Tim Celular SA granted on 10 December 2012 by the...
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Updated: 10 Dec 2012
State loan In force
On 10 December 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 348 million (approx. USD 170 million) loan to Tim Celular SA. The loan was issued under ...
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