Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 34 million loan to <i>Margem Companhia de Mineracao SA</i> under the <i>BNDES finem</i> scheme (November 2013)

Announcement

26 Nov 2013

In November 2013, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Margem Companhia de Mineracao SA.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

26 Nov 2013

Revocation date:

No revocation date

Updated: 26 Nov 2013
Local content incentive In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 79 million (approx. USD 34 million) loan to Margem Companhia de Mineracao SA granted on 26 November 2013 by...
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Updated: 26 Nov 2013
State loan In force
On 26 November 2013, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 79 million (approx. USD 34 million) loan to Margem Companhia de Mineracao SA. The loan w...
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