Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 12 million loan to <i>Pirelli Pneus Ltda</i> under the <i>BNDES finem</i> scheme (December 2014)

Announcement

15 Dec 2014

In December 2014, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Pirelli Pneus Ltda.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

15 Dec 2014

Revocation date:

No revocation date

Updated: 15 Dec 2014
Local content incentive In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 33 million (approx. USD 12 million) loan to Pirelli Pneus Ltda granted on 15 December 2014 by the National ...
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Updated: 15 Dec 2014
State loan In force
On 15 December 2014, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 33 million (approx. USD 12 million) loan to Pirelli Pneus Ltda. The loan was issued unde...
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