ANNOUNCEMENT 22 Mar 2012

In March 2012, 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 operaçoes 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: 22 Mar 2012 | Removal date: 20 Jul 2012

Trade finance

In March 2012, 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 construction of avenue N'Gola/Kiluange.

The post-export credit agreement was signed on 22 March 2012. The loan amount is USD 11.13 million at an annual interest rate of 3.66 percent. The loan matured in July 2012.

AFFECTED SECTORS

 
542

AFFECTED PRODUCTS

 
N/A