Project ID: 16794

CCB loans Industrial Develop Corporation $50 for lending capacity purposes and recapitalization

Commitment amount

$ 75100502.4137396

Adjusted commitment amount

$ 75100502.41

Constant 2021 USD

Summary

Funding agency [Type]

China Construction Bank Corporation (CCB) [State-owned Commercial Bank]

Recipient

South Africa

Sector

Banking and financial services (Code: 240)

Flow type

Loan

Level of public liability

Other public sector debt

Infrastructure

No

Category

Intent

Commercial (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

OOF-like (The next section lists the possible statuses.)

Official Development Assistance

Other Official Flows

Vague (Official Finance)

Flows categorized based on OECD-DAC guidelines

Project lifecycle

Status

Pipeline: Commitment (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2009-04-01

Description

In April 2009, China Construction Bank loaned $50 million USD to the Industrial Development Corporation to increase IDC's lending capacity in general and also recapitalize its export finance loan book.

Number of official sources

1

Number of total sources

2

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Industrial Development Corporation (IDC) [State-owned Company]

Loan Details

Bilateral loan