China Development Bank provides RMB 33 million loan to the State Savings Bank of Tajikistan "Amonatbonk" for on-lending purposes (Linked to Project ID#40481, #40482, #40479, #72802)

On May 20, 2013, several loan agreements between the State Savings Bank of Tajikistan "Amonatbonk" and China Development Bank of China (CDB) were signed for on-lending activities. The RMB portion of the agreements totaled to RMB 33 million; however, no breakdown of the individual agreements could be identified. The loan proceeds were to be used in part to support the Tajik agricultural sector.

Additional details

1. The loans were part of a series of commitments made on May 20, 2013 during President of Tajikistan Emomalii Rahmon's visit to China. These other commitment were: a collection of loans totaling $20 million to Amonatbonk (captured via Project ID#72802), an RMB 200 million RMB grant (captured via Project ID#40481), an agreement for the reconstruction of Regar Substation (captured via Project ID#40482), a loan to Zijin Mining for investment into the Zeravshan Gold Mine (captured via Project ID#40479), a technical cooperation agreement, a fruit inspection protocol, and a sports cooperation agreement.

Number of official sources

5

Number of total sources

8