Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 132 million loan to <i>Oi Movel SA</i> under the <i>BNDES finem</i> scheme (December 2012)

Announcement

17 Dec 2012

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

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

17 Dec 2012

Revocation date:

No revocation date

Updated: 17 Dec 2012
Local content incentive In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 270 million (approx. USD 132 million) loan to Oi Movel SA granted on 17 December 2012 by the National Bank ...
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Updated: 17 Dec 2012
State loan In force
On 17 December 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 270 million (approx. USD 132 million) loan to Oi Movel SA. The loan was issued under the...
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