Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 11 million loan to <i>Usina Santo Angelo Ltda</i> under the <i>BNDES finame</i> scheme (May 2022)

Announcement

17 May 2022

In May 2022, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Usina Santo Angelo 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

17 May 2022

Revocation date:

No revocation date

State loan In force

On 17 May 2022, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 53 million (approx. USD 11 million) loan to Usina Santo Angelo Ltda. The loan was issued unde...

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Local content incentive In force

The BNDES finame credit scheme is subject to local content incentives. As such, so is the BRL 53 million (approx. USD 11 million) loan to Usina Santo Angelo Ltda granted on 17 May 2022 by the National...

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