Brazil: BNDES provides USD 24.81 million loan to an undisclosed agricultural undertaking under the <i>PRONAF Custeio Faixa 2</i> scheme (August 2023)
Announcement
31 Aug 2023
In August 2023, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan under the Agricultural and Livestock Plan (SAFRA Plan) 2023/2024.
The PRONAF Custeio Faixa 2 credit scheme is subject to local content incentives. As such, so is the BRL 122.1 million (approx. USD 24.81 million) loan to an undisclosed agricultural undertaking...
In August 2023, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 122.1 million (approx. USD 24.81 million) loan to an undisclosed agricultural undertaking. Th...