Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 14 million loan to <i>Sao Martinho SA</i> under the <i>BNDES finame</i> scheme (February 2023)

Announcement

24 Feb 2023

In February 2023, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Sao Martinho SA.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

24 Feb 2023

Revocation date:

No revocation date

State loan In force

On 24 February 2023, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 72 million (approx. USD 14 million) loan to Sao Martinho SA. The loan was issued under t...

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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 72 million (approx. USD 14 million) loan to Sao Martinho SA granted on 24 February 2023 by the National Ba...

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