Global Trade Alert
Global Trade Alert

Brazil: BNDES announces additional financing for businesses in Rio Grande do Sul

Announcement

01 Nov 2024

In November 2024, the National Bank for Economic and Social Development (BNDES) announced additional credits under the BNDES Emergency Programme for 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

01 Nov 2024

Revocation date:

31 Dec 2025

Updated: 01 Nov 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 5 billion (USD 857 million) in credits for businesses in...

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Updated: 01 Nov 2024
State loan

On 1 November 2024, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) announced a budget increase for the "BNDES Emergency for Rio Grande do Sul" credit programm...

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