Global Trade Alert
Global Trade Alert

Brazil: BNDES provides a loan to Intelbras SA for implementing its innovation plan

Announcement

11 Mar 2024

In March 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved a BRL 200 million (USD 40.3 million) loan to Intelbras 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

11 Mar 2024

Revocation date:

No revocation date

State loan In force

On 11 March 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved a BRL 200 million (USD 40.3 million) loan with Intelbras SA. The loan will finance the ...

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Local content incentive In force

The BNDES More Innovation credit line is subject to local content incentives. As such, so is the BRL 200 million (USD 40.3 million) loan to Intelbras SA, granted on 11 March 2024 by the National Bank ...

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