CDB provides US$20 million syndicated loans to the State Savings Bank of Tajikistan "Amonatbonk" (Linked to Project ID#69997, #40482, #40479, #40481)
Commitment amount
$ 22560731.0437967
Adjusted commitment amount
$ 22560731.04
Constant 2021 USD
Summary
Funding agency [Type]
China Development Bank (CDB) [State-owned Policy Bank]
Recipient
Tajikistan
Sector
Banking and financial services (Code: 240)
Flow type
Loan
Level of public liability
Other public sector debt
Infrastructure
No
Category
Project lifecycle
Description
On May 20, 2013, several loan agreements between the State Savings Bank of Tajikistan "Amonatbonk" and China Development Bank of China (CDB) were signed. The USD portion of the 5 agreements totaled to USD 20 million, however no breakdown of the individual agreements was found. The loans were part of a series of investments made on May 20th during President of Tajikistan Emomalii Rahmon's visit to China. These other projects were: loans totalling 33 million RMB to Amonatbonk (captured in project ID#69997), a 200 million RMB grant (captured in project ID#40481), an agreement for the reconstruction of Regar Substation (captured in project ID#40482), a loan to Zijin Mining for investment into the Zeravshan Gold Mine (captured in project ID#40479), a technical cooperation agreement, a fruit inspection protocol, and a sports cooperation agreement.
Additional details
A single listed source (https://amonatbonk.tj/tj/about/news/2757/) discusses an 8.5 million USD loan. It is possible that this may be a single loan among the many that were wrapped into this 20 million USD aggregate, but there is no confirmation for this.
Number of official sources
5
Number of total sources
8
Details
Cofinanced
No
Direct receiving agencies [Type]
State Savings Bank of Tajikistan (Amonatbonk) [State-owned Bank]
Implementing agencies [Type]
State Savings Bank of Tajikistan (Amonatbonk) [State-owned Bank]