Project ID: 66456

Agricultural Bank of China participates in $300 million syndicated loan to Vnesheconombank (VEB) for unspecified purposes

Summary

Funding agency [Type]

Agricultural Bank of China (ABC) [State-owned Commercial Bank]

Recipient

Russia

Sector

Banking and financial services (Code: 240)

Flow type

Loan

Level of public liability

Other public sector debt

Infrastructure

No

Category

Intent

Commercial (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

2005-01-01

Description

In 2005, the Singapore Branch of Agricultural Bank of China syndicated a $300 million loan to Vnesheconombank (VEB) -- a state-owned development bank in Russia -- for unspecified purposes.

Additional details

1. The relevant paragraph is the last paragraph on the bottom of page 15 in the OYJJ-OYS.org source.

Number of official sources

0

Number of total sources

1

Download the dataset

Details

Cofinanced

Yes

Direct receiving agencies [Type]

Vnesheconombank (VEB Bank or VEB.RF) [State-owned Bank]

Implementing agencies [Type]

Vnesheconombank (VEB Bank or VEB.RF) [State-owned Bank]

Loan Details

Syndicated loan

Inter-bank loan