Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 21 million loan to <i>Contax SA</i> under the <i>BNDES finem</i> scheme (December 2014)

Announcement

16 Dec 2014

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

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

16 Dec 2014

Revocation date:

No revocation date

Updated: 16 Dec 2014
Local content incentive In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 55 million (approx. USD 21 million) loan to Contax SA granted on 16 December 2014 by the National Bank for ...
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Updated: 16 Dec 2014
State loan In force
On 16 December 2014, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 55 million (approx. USD 21 million) loan to Contax SA. The loan was issued under the BND...
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