Overview

ICBC Argentina donates ARS $5,100,000 to the Buenos Aires Museum of Latin American Art (MALBA) for the purchase of artwork (linked to Record ID #105296, #105297, #99280, #98239)

Commitments (Constant USD, 2023)$17,220

Commitment Year•2023Country of Activity•ArgentinaDirect Recipient Country of Incorporation•ArgentinaSector•Other Social Infrastructure And ServicesFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Aug 1, 2023

Stakeholders

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

Funding agencies

State-owned Commercial Banks

Industrial and Commercial Bank of China (Argentina) Limited (ICBC (Argentina))

Receiving agencies

Miscellaneous Agency Types

Museo de Arte Latinoamericano (MALBA)

Loan description

ICBC Argentina donates ARS $5,100,000 to the Buenos Aires Museum of Latin American Art (MALBA) for the purchase of artwork (linked to Record ID #105296, #105297, #99280, #98239)

Narrative

Full Description

Project narrative

In August, 2023, ICBC Argentina donated ARS $5,100,000 to the Buenos Aires Museum of Latin American Art (Spanish abbreviation: MALBA). This donation was used for the purchase of a piece of artwork for the museum's collection. ICBC Argentina and MALBA have maintained a corporate partnership since 2016, with the aim of expanding the museum's cultural reach and providing benefits to ICBC Argentina clients. This is the 9th annual donation from ICBC Argentina to MALBA. The purchased work is a painting titled "Los sueños eróticos de Millie Burton Gord," by Argentine artist Mildred Burton from the province of Entre Ríos.

Staff comments

1. Sources do not specify the currency of the donation. As it was published by ICBC Argentina, AidData presumes it is reported in Argentine pesos.