Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 15 million loan to <i>Usina Vertente Ltda</i> under the <i>BNDES finem</i> scheme (May 2018)

Announcement

08 May 2018

In May 2018, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Usina Vertente Ltda.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

08 May 2018

Revocation date:

No revocation date

State loan In force

On 8 May 2018, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 56 million (approx. USD 15 million) loan to Usina Vertente Ltda. The loan was issued under the...

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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 56 million (approx. USD 15 million) loan to Usina Vertente Ltda granted on 8 May 2018 by the National Bank ...

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