Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 23 million loan to <i>Elektro Redes SA</i> under the <i>BNDES finem</i> scheme (December 2015)

Announcement

17 Dec 2015

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

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

17 Dec 2015

Revocation date:

No revocation date

Updated: 17 Dec 2015
Local content incentive In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 91 million (approx. USD 23 million) loan to Elektro Redes SA granted on 17 December 2015 by t...
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Updated: 17 Dec 2015
State loan In force
On 17 December 2015, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 91 million (approx. USD 23 million) loan to Elektro Redes SA. The loan was issued...
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