Brazil: BNDES provides USD 13.94 million loan to an undisclosed agricultural undertaking under the <i>PRONAF Investimento 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 Investimento Faixa 2 credit scheme is subject to local content incentives. As such, so is the BRL 68.58 million (approx. USD 13.94 million) loan to an undisclosed agricultural undertaking, ...
In August 2023, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 68.58 million (approx. USD 13.94 million) loan to an undisclosed agricultural undertaking. Th...