Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 11 million loan to <i>Sao Martinho SA</i> under the <i>BNDES finem</i> scheme (March 2018)

Announcement

09 Mar 2018

In March 2018, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Sao Martinho SA.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

09 Mar 2018

Revocation date:

No revocation date

Updated: 09 Mar 2018
Local content incentive In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 37 million (approx. USD 11 million) loan to Sao Martinho SA granted on 9 March 2018 by the National Bank fo...
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Updated: 09 Mar 2018
State loan In force
On 9 March 2018, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 37 million (approx. USD 11 million) loan to Sao Martinho SA. The loan was issued under the B...
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