Announcement
27 Sep 2024
In September 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved a loan with Volkswagen do Brasil.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
2 in force
Implementation date
27 Sep 2024
Revocation date:
No revocation date
State loan
In force
On 27 September 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) and Volkswagen do Brasil signed a BRL 304 million (USD 56 million) loan. The loan will finan...
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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 304 million (USD 56 million) loan to Volkswagen do Brasil, granted on 27 September 2024 by the Nati...
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