Overview

People's Bank of China loans Tajikistan State Savings Bank (Amonatbonk) USD 5 million

Commitments (Constant USD, 2023)$6,936,589

Commitment Year•2009Country of Activity•TajikistanDirect Recipient Country of Incorporation•TajikistanSector•Banking And Financial ServicesFlow Type•Loan

Status

Project lifecycle

Implementation

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jul 1, 2009

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Ultimate beneficial owners

At least 25% host country ownership

Funding agencies

Government Agencies

People's Bank of China (PBC)

Receiving agencies

State-owned Banks

State Savings Bank of Tajikistan (Amonatbonk)

Implementing agencies

State-owned Banks

State Savings Bank of Tajikistan (Amonatbonk)

Loan description

People's Bank of China loans Tajikistan State Savings Bank (Amonatbonk) USD 5 million

Interest type•Unknown

Narrative

Full Description

Project narrative

In July 2009, the People's Bank of China loaned Tajikistan State Savings Bank (Amonatbonk) USD 5 million as a line of credit. USD 1 million was used to purchase equipment for Koni Sayod, a coal field outside of Dushanbe. The other USD 4 million was used to support produce-processing enterprises.