Overview

Chinese Government provides $25 million loan to RSK Bank for agricultural projects

Commitments (Constant USD, 2023)$25,638,830

Commitment Year•2014Country of Activity•Kyrgyz RepublicDirect Recipient Country of Incorporation•Kyrgyz RepublicSector•Agriculture, Forestry, FishingFlow Type•Loan

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jan 1, 2014

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

Government Agencies

Unspecified Chinese Government Institution

Receiving agencies

State-owned Banks

RSK Bank OJSC

Implementing agencies

State-owned Banks

RSK Bank OJSC

Loan description

Chinese Government provides $25 million loan to RSK Bank for agricultural projects

Interest type•Unknown

Narrative

Full Description

Project narrative

In 2014, the Chinese provided a $25 million loan to RSK Bank for agricultural projects in the Kyrygz Republic. $15 million of the loan proceeds were to be set aside for projects that would help farmers to develop greenhouses.