Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 16 million loan to <i>Berneck SA Paineis e Serrados</i> under the <i>BNDES finem</i> scheme (September 2014)

Announcement

30 Sep 2014

In September 2014, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Berneck SA Paineis e Serrados.

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 Sep 2014

Revocation date:

No revocation date

State loan In force

On 30 September 2014, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 39 million (approx. USD 16 million) loan to Berneck SA Paineis e Serrados. The loan was...

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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 39 million (approx. USD 16 million) loan to Berneck SA Paineis e Serrados granted on 30 September 2014 by t...

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