Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 46 million loan to <i>Ak Operacoes do Brasil Ltda</i> under the <i>BNDES finem</i> scheme (December 2013)

Announcement

23 Dec 2013

In December 2013, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Ak Operacoes do Brasil Ltda.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

23 Dec 2013

Revocation date:

No revocation date

Updated: 23 Dec 2013
Local content incentive In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 109 million (approx. USD 46 million) loan to Ak Operacoes do Brasil Ltda granted on 23 December 2013 by the...
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Updated: 23 Dec 2013
State loan In force
On 23 December 2013, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 109 million (approx. USD 46 million) loan to Ak Operacoes do Brasil Ltda. The loan was i...
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