Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 60 million loan to <i>Americanas SA</i> under the <i>BNDES finem</i> scheme (May 2018)

Announcement

30 May 2018

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

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

30 May 2018

Revocation date:

No revocation date

State loan In force

On 30 May 2018, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 225 million (approx. USD 60 million) loan to Americanas SA. The loan was issued under the BND...

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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 225 million (approx. USD 60 million) loan to Americanas SA granted on 30 May 2018 by the National Bank for ...

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