Announcement
01 Oct 2013
In October 2013, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Totvs SA.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
01 Oct 2013
Revocation date:
No revocation date
Updated: 01 Oct 2013
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...
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Updated: 01 Oct 2013
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...
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