Announcement
06 Feb 2014
In February 2014, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Vard Promar SA.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
06 Feb 2014
Revocation date:
No revocation date
Updated: 06 Feb 2014
Local content incentive
In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 123 million (approx. USD 52 million) loan to Vard Promar SA granted on 6 February 2014 by the National Bank...
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Updated: 06 Feb 2014
State loan
In force
On 6 February 2014, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 123 million (approx. USD 52 million) loan to Vard Promar SA. The loan was issued under th...
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