Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 20 million loan to <i>Votorantim Cimentos SA</i> under the <i>BNDES finem</i> scheme (May 2015)

Announcement

04 May 2015

In May 2015, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Votorantim Cimentos SA.

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

04 May 2015

Revocation date:

No revocation date

State loan In force

On 4 May 2015, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 63 million (approx. USD 20 million) loan to Votorantim Cimentos SA. The loan was issued under ...

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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 63 million (approx. USD 20 million) loan to Votorantim Cimentos SA granted on 4 May 2015 by the National Ba...

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