Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 31 million loan to <i>Companhia Nacional de Cimento</i> under the <i>BNDES finem</i> scheme (October 2014)

Announcement

10 Oct 2014

In October 2014, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Companhia Nacional de Cimento.

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

10 Oct 2014

Revocation date:

No revocation date

State loan In force

On 10 October 2014, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 76 million (approx. USD 31 million) loan to Companhia Nacional de Cimento. The loan was i...

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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 76 million (approx. USD 31 million) loan to Companhia Nacional de Cimento granted on 10 October 2014 by the...

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