Overview

China Eximbank provides $200 million loan to Banco de Chile to facilitate development projects

Commitments (Constant USD, 2023)$277,463,554

Commitment Year•2009Country of Activity•ChileDirect Recipient Country of Incorporation•ChileSector•Banking And Financial ServicesFlow Type•Loan

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jan 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

State-owned Policy Banks

Export-Import Bank of China (China Eximbank)

Receiving agencies

Private Sector

Banco de Chile

Loan description

China Eximbank provides $200 million loan to Banco de Chile to facilitate development projects

Interest type•Unknown

Narrative

Full Description

Project narrative

In 2009, Banco de Chile signed a $200 million loan agreement. The purpose of the agreement was to facilitate the flow of operations between both countries, as well as foment both banks' joint participation in project financing in Chile.