Announcement
25 May 2026
In May 2026, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) approved a loan with Magalu Cloud.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
25 May 2026
Revocation date:
No revocation date
Announced: 25 May 2026
Local content incentive
In force
Recent update from 27 May 2026:
The BNDES More Innovation credit line is subject to local content incentives. As such, so is the BRL 300 million (USD 59.7 million) loan to Magalu Cloud, granted on 25 May 2026 by the National Bank...
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Announced: 25 May 2026
State loan
In force
Recent update from 27 May 2026:
On 25 May 2026, the National Bank for Economic and Social Development of Brazil (BNDES in Portuguese) and Magalu Cloud signed a BRL 300 million (USD 59.7 million) loan. The loan will finance the ex...
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