Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 12 million loan to <i>Algar Multimidia SA</i> under the <i>BNDES finem</i> scheme (December 2012)

Announcement

26 Dec 2012

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

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

26 Dec 2012

Revocation date:

No revocation date

State loan In force

On 26 December 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 24 million (approx. USD 12 million) loan to Algar Multimidia SA. The loan was issued und...

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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 24 million (approx. USD 12 million) loan to Algar Multimidia SA granted on 26 December 2012 by the National...

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