ANNOUNCEMENT 20 Dec 2011

In December 2011, the Brazilian Development Bank (BNDES) provided export financing to a Brazilian exporter.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

The Brazilian National Development Bank All post-export finance operations since 2002, O banco nacional do desenvolvimento todas as operaƧoes por-embarque desde 2002, http://www.bndes.gov.br/SiteBNDES/export/sites/default/bndes_pt/Galerias/Arquivos/consultas/operacoes_exp_serv_eng_2002_diante.xls

Inception date: 20 Dec 2011 | Removal date: 18 Apr 2012
Still in force

Trade finance

In December 2011, the Brazilian Development Bank (BNDES) provided Construtora Queiroz Galvao SA with post-export credit for a project involving the exporting of goods and services for the second stage of construction of the suburban higway between Luanda, C.Cacuaco and Viana.

The post-export credit agreement was signed on 20 December 2011. The loan amount is USD 21.18 million at an annual interest rate of 3.26 percent. The loan matured in April 2012.

AFFECTED SECTORS

 

AFFECTED PRODUCTS

 
N/A