Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 24 million loan to <i>Braskem SA</i> under the <i>BNDES limite de crédito</i> scheme (June 2015)

Announcement

11 Jun 2015

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

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

11 Jun 2015

Revocation date:

No revocation date

Updated: 11 Jun 2015
Local content incentive In force
The BNDES limite de crédito credit scheme is subject to local content incentives. As such, so is the BRL 74 million (approx. USD 24 million) loan to Braskem SA granted on 11 June 2015 by the National ...
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Updated: 11 Jun 2015
State loan In force
On 11 June 2015, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 74 million (approx. USD 24 million) loan to Braskem SA. The loan was issued under the BNDES ...
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