Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 23 million loan to <i>Sao Martinho SA</i> under the <i>BNDES finem</i> scheme (October 2014)

Announcement

08 Oct 2014

In October 2014, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Sao Martinho SA.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

08 Oct 2014

Revocation date:

No revocation date

Updated: 08 Oct 2014
Local content incentive In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 56 million (approx. USD 23 million) loan to Sao Martinho SA granted on 8 October 2014 by the National Bank ...
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Updated: 08 Oct 2014
State loan In force
On 8 October 2014, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 56 million (approx. USD 23 million) loan to Sao Martinho SA. The loan was issued under the...
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