Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 38 million loan to <i>Transportes Marvel SA</i> under the <i>BNDES finame</i> scheme (October 2022)

Announcement

21 Oct 2022

In October 2022, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Transportes Marvel 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

21 Oct 2022

Revocation date:

No revocation date

State loan In force

On 21 October 2022, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 200 million (approx. USD 38 million) loan to Transportes Marvel SA. The loan was issued u...

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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 200 million (approx. USD 38 million) loan to Transportes Marvel SA granted on 21 October 2022 by the Natio...

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