News
03 September 2018

BNDES to allocate $1.2bn credit line to continue ties with Iran

Region:
Middle East & Africa, Americas

Brazil, through its development bank BNDES, has allocated $1.2 billion to boost economic cooperation with Iran. The country is prepared to continue economic cooperation with Tehran even after the US energy and banking sanctions are re-imposed on the Islamic republic in November.

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
15 May 2026

Shopping lines: The new darling of export finance

Shopping line credits are emerging as a key evolution in export finance. The tailored and flexible product is bound by procurement commitments unlike rigid buyer credits - but...

Video
19 May 2026

lill Global Symposium: Chris Mitman, Acre Impact Capital

On the sidelines of the lill Global Symposium in Oxford this month, TXF spoke with Chris Mitman, a partner at Acre Capital to find out how deployment is going for its Export...