China Eximbank pledges loan to Rural Development Bank to support rice sector
Not recommended for aggregates
This project is not recommended for use in creating aggregated sums. See the documentation for more information about this criteria.
Funding agency [Type]
Export-Import Bank of China [State-owned Policy Bank]
Agriculture, forestry, fishing (Code: 310)
On October 2, 2013, the Export-Import Bank of China signed a Memorandum of Understanding (MOU) agreement with the Rural Development Bank (RDB) to boost financing for Cambodia’s rice sector. China Eximbank's chairman, Li Ruogu, and RDB's president, Son Kunthor, signed the MOU in which China Eximbank pledged to provide loans to the RDB without the need for a government guarantee.
A loan agreement is not recorded in any of the Rural Development Bank annual reports between 2013-2019, so this pledge does not appear to ever have materialized into a commitment.
Number of official sources
Number of unofficial sources
Receiving agencies [Type]
Rural Development Bank (RDB) [State-owned Bank]