Global Trade Alert
Global Trade Alert

Brazil: BNDES and Tembici sign a state loan to finance the company's innovation plan

Announcement

17 Apr 2024

In April 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved a loan with Tembici.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

17 Apr 2024

Revocation date:

No revocation date

State loan In force

On 17 April 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) and Tembici signed a BRL 84.6 million (USD 16.1 million) state loan. The loan will finance the c...

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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 84.6 million (USD 16.1 million) loan to Tembici, granted on 17 April 2024 by the National Bank for ...

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