Search

5 results for “subsidized credit

Lula Sanctions R$30 Billion Credit Line for Taxi and App Drivers to Boost Auto Sales
PoliticsSep 14

Lula Sanctions R$30 Billion Credit Line for Taxi and App Drivers to Boost Auto Sales

Brazilian President Luiz Inácio Lula da Silva signed a law creating a massive R$30 billion subsidized credit line for transport workers to purchase new, sustainable vehicles.

Brazil’s Farm Credit Deploys R$65.7 Billion in Two Months as New Environmental Rules Take Hold
PROInvestingSep 13

Brazil’s Farm Credit Deploys R$65.7 Billion in Two Months as New Environmental Rules Take Hold

Brazilian agribusiness quickly accessed R$65.7 billion of the record R$525.1 billion Plano Safra, with new environmental rules linking subsidized credit to conservation.

Lula Creates Council to Fast-Track R$18.5 Billion BNDES Credit for Tariff-Hit Industries
PROPoliticsAug 06

Lula Creates Council to Fast-Track R$18.5 Billion BNDES Credit for Tariff-Hit Industries

President Lula established a new council to expedite R$18.5 billion in subsidized BNDES financing for sectors including steel and auto, facing US tariffs.

Brazil Launches 'Move Brasil' Program to Fund 100,000 New Motorcycles for App Riders
PoliticsJul 27

Brazil Launches 'Move Brasil' Program to Fund 100,000 New Motorcycles for App Riders

Federal government starts a subsidized credit line operated by Caixa for app delivery workers to purchase up to 100,000 national motorcycles.

Brazil's R$2.5 Billion 'Move Brasil' Credit Program Boosts Small-Vehicle Manufacturing, B3 Small Caps
PoliticsJul 27

Brazil's R$2.5 Billion 'Move Brasil' Credit Program Boosts Small-Vehicle Manufacturing, B3 Small Caps

Brazil's 'Move Brasil' program channels R$2.5 billion in subsidized credit via state banks to finance small vehicles, aiming to stimulate domestic manufacturing and boost the B3 Small Cap Index ecosystem.