Global Trade Alert
Global Trade Alert

Brazil: BNDES provides a loan to Proxxima Telecomunicações SA for expanding broadband internet access

Announcement

23 Feb 2024

In February 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved a BRL 88.5 million (USD 17.8 million) loan with Proxxima Telecomunicações SA.

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

23 Feb 2024

Revocation date:

No revocation date

State loan In force

On 23 February 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved a BRL 88.5 million (USD 17.8 million) loan with Proxxima Telecomunicações SA. The be...

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