Project ID: 36968

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

Commitment amount

$ 300402009.6549584

Adjusted commitment amount

$ 300402009.65

Constant 2021 USD

Summary

Funding agency [Type]

Export-Import Bank of China (China Eximbank) [State-owned Policy Bank]

Recipient

Chile

Sector

Banking and financial services (Code: 240)

Flow type

Loan

Level of public liability

Private debt

Infrastructure

No

Category

Intent

Development (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

Vague (Official Finance) (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

2009-01-01

Description

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.

Number of official sources

0

Number of total sources

1

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Details

Cofinanced

No

Direct receiving agencies [Type]

Banco de Chile [Private Sector]

Loan Details

Bilateral loan

Inter-bank loan

Investment project loan