Global Trade Alert
Global Trade Alert

Brazil: BNDES provides BRL 1.4 billion in loans to three companies in the pharmaceutical sector

Announcement

14 Aug 2024

In August 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved loans with EMS Farmacêutica, Aché Laboratórios Farmacêuticos and Eurofarma Laboratórios SA.

 

Source

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Number of interventions

6

6 certainly harmful

0 likely harmful

0 liberalising

List of interventions

6 in force

Implementation date

14 Aug 2024

Revocation date:

No revocation date

State loan In force

On 14 August 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) and EMS Farmacêutica signed a BRL 500 million (USD 91.6 million) loan. The loan will finance th...

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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 500 million (USD 91.6 million) loan to EMS, granted on 14 August 2024 by the National Bank for Econ...

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State loan In force

On 14 August 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) and Aché Laboratórios Farmacêuticos signed a BRL 389.7 million (USD 71.4 million) loan. The loa...

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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 389.7 million (USD 71.4 million) loan to Aché Laboratórios Farmacêuticos, granted on 14 August 2024...

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State loan In force

On 14 August 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) and Eurofarma Laboratórios SA signed a BRL 500 million (USD 91.6 million) loan. The loan will f...

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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 500 million (USD 91.6 million) loan to Eurofarma Laboratórios SA, granted on 14 August 2024 by the ...

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