The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 1090 million (approx. USD 292 million) loan to Tim SA granted on 2 May 2018 by the National Bank for Econom...
On 2 May 2018, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 1090 million (approx. USD 292 million) loan to Tim SA. The loan was issued under the BNDES fin...