Project ID: 39555

CDB provides $500 million loan to Development Bank of Kazakhstan JSC for industrial development purposes

Commitment amount

$ 553547615.7042441

Adjusted commitment amount

$ 553547615.7

Constant 2021 USD

Summary

Funding agency [Type]

China Development Bank (CDB) [State-owned Policy Bank]

Recipient

Kazakhstan

Sector

Other multisector (Code: 430)

Flow type

Loan

Level of public liability

Other public sector 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

2014-05-19

Geography

Description

On May 19, 2014, China Development Bank (CDB) signed a $500 million general facility agreement with the Development Bank of Kazakhstan JSC (DBK). The proceeds from the facility were to be used by the borrower to finance joint projects in non-resource sectors of the Kazakh economy.

Additional details

Number of official sources

3

Number of total sources

7

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Development Bank of Kazakhstan JSC (DBK) [State-owned Bank]

Implementing agencies [Type]

Development Bank of Kazakhstan JSC (DBK) [State-owned Bank]

Loan Details

Bilateral loan

Inter-bank loan