Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 16 million loan to <i>Banda de Couro Energetica SA</i> under the <i>BNDES finem</i> scheme (June 2016)

Announcement

24 Jun 2016

In June 2016, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Banda de Couro Energetica SA.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

24 Jun 2016

Revocation date:

No revocation date

State loan In force

On 24 June 2016, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 52 million (approx. USD 16 million) loan to Banda de Couro Energetica SA. The loan was issue...

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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 52 million (approx. USD 16 million) loan to Banda de Couro Energetica SA granted on 24 June 2016 by the Nat...

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