Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 29 million loan to <i>Ipiranga Produtos de Petroleo SA</i> under the <i>BNDES limite de crédito</i> scheme (May 2013)

Announcement

28 May 2013

In May 2013, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Ipiranga Produtos de Petroleo 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

28 May 2013

Revocation date:

No revocation date

State loan In force

On 28 May 2013, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 61 million (approx. USD 29 million) loan to Ipiranga Produtos de Petroleo SA. The loan was is...

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Local content incentive In force

The BNDES limite de crédito credit scheme is subject to local content incentives. As such, so is the BRL 61 million (approx. USD 29 million) loan to Ipiranga Produtos de Petroleo SA granted on 28 May ...

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