Announcement
05 Feb 2024
In February 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved a BRL 500 million (USD 100 million) loan with Volkswagen do Brasil.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
2 in force
Implementation date
05 Feb 2024
Revocation date:
No revocation date
State loan
In force
On 5 February 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved a BRL 500 million (USD 100 million) loan with Volkswagen do Brasil. The loan will fin...
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Local content incentive
In force
The BNDES More Innovation credit line is subject to local value-content incentives. As such, so is the BRL 500 million (USD 100 million) loan to Volkswagen do Brasil, granted on 5 February 2024 by the...
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