Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 274 million loan to <i>Totvs SA</i> under the <i>BNDES finem</i> scheme (October 2013)

Announcement

01 Oct 2013

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

Source

Sign in to access

Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

01 Oct 2013

Revocation date:

No revocation date

State loan In force

On 1 October 2013, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 597 million (approx. USD 274 million) loan to Totvs SA. The loan was issued under the BNDE...

Sign in to see more
Local content incentive In force

The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 597 million (approx. USD 274 million) loan to Totvs SA granted on 1 October 2013 by the National Bank for E...

Sign in to see more

Threads

See all

This state act is not part of any Thread yet.