Global Trade Alert
Global Trade Alert

Brazil: BNDES launches BRL 15 billion credit line for businesses in the region of Rio Grande do Sul

Announcement

29 May 2024

In May 2024, the National Bank for Economic and Social Development (BNDES in Portuguese) launched a new credit line for the region of Rio Grande do Sul.

 

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

29 May 2024

Revocation date:

31 Oct 2024

Updated: 29 May 2024
Local content incentive

The BNDES Emergency for Rio Grande do Sul credit scheme is partially subject to local content incentives. As such, so are the additional BRL 15 billion (USD 2.8 billion) credit line for businesses ...

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Updated: 29 May 2024
State loan

On 29 May 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) announced a BRL 15 billion (USD 2.8 billion) credit line for businesses in the region of Ri...

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