{"id":19021,"date":"2005-10-31T17:27:00","date_gmt":"2005-10-31T19:27:00","guid":{"rendered":"https:\/\/escaesco.com.br\/lab\/anba\/brazilian-development-bank-makes-available-us-853-million-for-car-export-financing\/"},"modified":"2019-06-30T17:21:55","modified_gmt":"2019-06-30T20:21:55","slug":"brazilian-development-bank-makes-available-us-853-million-for-car-export-financing","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/brazilian-development-bank-makes-available-us-853-million-for-car-export-financing\/","title":{"rendered":"Brazilian Development Bank makes available US$ 853 million for car export financing"},"content":{"rendered":"<p><P><STRONG>From the Newsroom*<\/STRONG><\/P><br \/> <P>S\u00e3o Paulo &#8211; The Brazilian Development Bank (BNDES) is going to make US$ 853 million available for the financing of cars from the Brazilian subsidiaries of Volkswagen, Ford, General Motors and Fiat. This information was released today (31) by a spokesperson for the bank.<\/P><br \/> <P>According to the institution, the funds are part of a line of credit created in September to support the auto industry. The value of each financing agreement is equivalent to 30% of the value of the export. With this, the financing creates export engagements that total at least US$ 2.8 billion.<\/P><br \/> <P>According to the BNDES, Volkswagen is going to receive US$ 303 million, Ford US$ 250 million, GM US$ 200 million and Fiat US$ 100 million. The credits will be of the pre-shipping kind, i.e., the bank will finance the production of the vehicles to be exported.<\/P><br \/> <P><STRONG>*Translated by Mark Ament<\/STRONG><\/P><\/p>\n","protected":false},"excerpt":{"rendered":"<p>From the Newsroom* S\u00e3o Paulo &#8211; The Brazilian Development Bank (BNDES) is going to make US$ 853 million available for the financing of cars from the Brazilian subsidiaries of Volkswagen, Ford, General Motors and Fiat. This information was released today (31) by a spokesperson for the bank. According to the institution, the funds are part<\/p>\n","protected":false},"author":2308,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[],"class_list":{"0":"post-19021","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy"},"wps_subtitle":"","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/19021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2308"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=19021"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/19021\/revisions"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=19021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=19021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=19021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}