Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 42 million loan to <i>Saraiva Educacao SA</i> under the <i>BNDES finem</i> scheme (July 2014)

Announcement

30 Jul 2014

In July 2014, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Saraiva Educacao SA.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

30 Jul 2014

Revocation date:

No revocation date

State loan In force

On 30 July 2014, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 94 million (approx. USD 42 million) loan to Saraiva Educacao SA. The loan was issued under t...

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Local content incentive In force

The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 94 million (approx. USD 42 million) loan to Saraiva Educacao SA granted on 30 July 2014 by the National Ban...

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