Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 11 million loan to <i>Votorantim Cimentos SA</i> under the <i>BNDES limite de crédito</i> scheme (June 2013)

Announcement

26 Jun 2013

In June 2013, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Votorantim Cimentos SA.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

26 Jun 2013

Revocation date:

No revocation date

Updated: 26 Jun 2013
Local content incentive In force
The BNDES limite de crédito credit scheme is subject to local content incentives. As such, so is the BRL 25 million (approx. USD 11 million) loan to Votorantim Cimentos SA granted on 26 June 2013 by t...
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Updated: 26 Jun 2013
State loan In force
On 26 June 2013, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 25 million (approx. USD 11 million) loan to Votorantim Cimentos SA. The loan was issued unde...
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