Global Trade Alert
Global Trade Alert

Spain: ICO and BNDES sign USD 200 million loan agreement to finance Spanish businesses in Brazil

Announcement

13 May 2025

In May 2025, the Spanish Official Credit Institute (ICO in Spanish) and the Brazilian Development Bank (BNDES) signed a financing agreement for up to USD 200 million to finance Spanish business projects in Brazil.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

13 May 2025

Revocation date:

No revocation date

Other export incentive In force

On 13 May 2025, the Spanish Official Credit Institute (ICO) signed a USD 200 million loan agreement with the Brazilian Development Bank (BNDES) for financing Spanish companies' internationalisation ac...

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Financial assistance in foreign market In force

On 13 May 2025, the Spanish Official Credit Institute (ICO) signed a USD 200 million loan agreement with the Brazilian Development Bank (BNDES) for financing Spanish investment projects in Brazil. The...

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