Announcement
19 May 2014
In May 2014, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Vale SA.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
19 May 2014
Revocation date:
No revocation date
Updated: 19 May 2014
Local content incentive
In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 800 million (approx. USD 357 million) loan to Vale SA granted on 19 May 2014 by the National Bank for Econo...
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Updated: 19 May 2014
State loan
In force
On 19 May 2014, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 800 million (approx. USD 357 million) loan to Vale SA. The loan was issued under the BNDES fi...
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