The BNDES limite de crédito credit scheme is subject to local content incentives. As such, so is the BRL 29 million (approx. USD 14 million) loan to Tim SA granted on 10 December 2012 by the National ...
On 10 December 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 29 million (approx. USD 14 million) loan to Tim SA. The loan was issued under the BNDES ...