Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 15 million loan to <i>Rumo Malha Paulista SA</i> under the <i>BNDES finem</i> scheme (October 2018)

Announcement

16 Oct 2018

In October 2018, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Rumo Malha Paulista 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

16 Oct 2018

Revocation date:

No revocation date

State loan In force

On 16 October 2018, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 56 million (approx. USD 15 million) loan to Rumo Malha Paulista SA. The loan was issued u...

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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 Rumo Malha Paulista SA granted on 16 October 2018 by the Nation...

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