Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 28 million loan to <i>Drogaria Sao Paulo SA</i> under the <i>BNDES finem</i> scheme (August 2014)

Announcement

12 Aug 2014

In August 2014, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Drogaria Sao Paulo 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

12 Aug 2014

Revocation date:

No revocation date

State loan In force

On 12 August 2014, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 64 million (approx. USD 28 million) loan to Drogaria Sao Paulo SA. The loan was issued und...

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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 64 million (approx. USD 28 million) loan to Drogaria Sao Paulo SA granted on 12 August 2014 by the National...

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