Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 34 million loan to <i>Elektro Redes SA</i> under the <i>BNDES finem</i> scheme (September 2020)

Announcement

29 Sep 2020

In September 2020, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Elektro Redes SA.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

29 Sep 2020

Revocation date:

No revocation date

Updated: 29 Sep 2020
Local content incentive In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 194 million (approx. USD 34 million) loan to Elektro Redes SA granted on 29 September 2020 by the National ...
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Updated: 29 Sep 2020
State loan In force
On 29 September 2020, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 194 million (approx. USD 34 million) loan to Elektro Redes SA. The loan was issued unde...
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