Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 15 million loan to <i>Margem Companhia de Mineracao SA</i> under the <i>BNDES finem</i> scheme (February 2019)

Announcement

13 Feb 2019

In February 2019, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Margem Companhia de Mineracao SA.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

13 Feb 2019

Revocation date:

No revocation date

Updated: 13 Feb 2019
Local content incentive In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 57 million (approx. USD 15 million) loan to Margem Companhia de Mineracao SA granted on 13 February 2019 by...
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Updated: 13 Feb 2019
State loan In force
On 13 February 2019, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 57 million (approx. USD 15 million) loan to Margem Companhia de Mineracao SA. The loan w...
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