IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

SMEs

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 29 May 2018 | Removal date: open ended
Still in force

State loan

In the announced made by the BNDES on 29 May 2018, the financial institution also exposed the allocation of BRL 1 billion (USD 268 million) to a new corporate credit fund for SMEs. These resources will also be distributed through BENDESPAR, the bank subsidiary.

In this sense, this institution will invest in quotas of closed and fixed-term corporate credit funds, with the objective of broadening the long-term credit offer to SMEs, providing an investment of up to BRL 300 million (USD 84.5 million), limited to 50% of their subscribed quotas.

AFFECTED COUNTRIES

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