Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 41 million loan to <i>Algar Telecom SA</i> under the <i>BNDES finem</i> scheme (December 2012)

Announcement

27 Dec 2012

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

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

27 Dec 2012

Revocation date:

No revocation date

Updated: 27 Dec 2012
Local content incentive In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 84 million (approx. USD 41 million) loan to Algar Telecom SA granted on 27 December 2012 by the National Ba...
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Updated: 27 Dec 2012
State loan In force
On 27 December 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 84 million (approx. USD 41 million) loan to Algar Telecom SA. The loan was issued under ...
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