Project ID: 42463

China Eximbank provides $817,800 buyer’s credit loan to UkrPromBank to finance import of Chinese goods

Commitment amount

$ 1661727.9619229322

Adjusted commitment amount

$ 1661727.96

Constant 2021 USD

Summary

Funding agency [Type]

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

Recipient

Ukraine

Sector

Banking and financial services (Code: 240)

Flow type

Loan

Level of public liability

Private debt

Infrastructure

No

Category

Intent

Mixed (The next section lists the possible statuses.)

Commercial

Development

Representational

Mixed

Financial Flow Classification

OOF-like (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

Completion (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2006-01-01

Description

In May 2006, the Export-Import Bank of China and UkrPromBank signed a $817,800 buyer’s credit loan to finance the import of goods from China. The maturity length of the loan was 3 years. The interest rate is unknown.

Additional details

In 2009, Ukrprombank was in financial distress and the accounts of more than 1 million depositors, to whom Ukrprombank owed UAH 7,370 million, were transferred to Ukraine’s state-owned Rodovid Bank.

Number of official sources

2

Number of total sources

7

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

UkrPromBank [Private Sector]

Loan Details

Maturity

3 years

Bilateral loan

Export buyer's credit