Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 25 million loan to <i>Cimento Tupi SA</i> under the <i>BNDES finem</i> scheme (April 2013)

Announcement

12 Apr 2013

In April 2013, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Cimento Tupi SA.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

12 Apr 2013

Revocation date:

No revocation date

State loan In force

On 12 April 2013, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 50 million (approx. USD 25 million) loan to Cimento Tupi SA. The loan was issued under the ...

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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 50 million (approx. USD 25 million) loan to Cimento Tupi SA granted on 12 April 2013 by the National Bank f...

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