People's Bank of China pledges $20 million loan for SSB RT “Amonatbonk” Office Building Construction Project (Linked to Project ID#72549)
Pledged amount
$ 22141904.628169768
Adjusted pledged amount
$ 22141904.628169768
Constant 2021 USD
Not recommended for aggregates
This project is not recommended for use in creating aggregated sums. See the documentation for more information about this criteria.
Summary
Funding agency [Type]
People's Bank of China (PBC) [Government Agency]
Recipient
Tajikistan
Sector
Business and other services (Code: 250)
Flow type
Loan
Level of public liability
Other public sector debt
Infrastructure
Yes
Category
Project lifecycle
Description
In September 2014, the State Savings Bank of Tajikistan, Amonatbok, and the People's Bank of China negotiated a 20 million US concessional loan. The loan will be used for construction of the bank's new building and expansion of the bank's agricultural credit. The project's overall aim is to expand entrepreneurship and alleviate poverty in Tajikistan. The project is linked to another funding from CDB for the same construction project, which was captured in project ID#72549.
Number of official sources
1
Number of total sources
2
Details
Cofinanced
No
Direct receiving agencies [Type]
State Savings Bank of Tajikistan (Amonatbonk) [State-owned Bank]