Project ID: 89373

BOC Jakarta Bank provides a Rp575 billion loan to Bank Mandiri of Indonesia

Commitment amount

$ 44024677.53184009

Adjusted commitment amount

$ 44024677.53

Constant 2021 USD

Summary

Funding agency [Type]

Bank of China (BOC) [State-owned Commercial Bank]

Recipient

Indonesia

Sector

Banking and financial services (Code: 240)

Flow type

Loan

Level of public liability

Other public sector 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

2018-01-01

Description

On March 29, 2018, Bank Mandiri and PT Bank of China (BOC) signed a loan agreement where BOC provide a term loan facility with a total limit equivalent to Rp575,000,000,000 at drawdown which is non-revolving and bears interest rate of 9.25%. The facility will be matured on December 24, 2021.

Number of official sources

4

Number of total sources

4

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

PT Bank Mandiri (Persero) Tbk [State-owned Bank]

Loan Details

Maturity

4 years

Interest rate

9.25%

Grant element (OECD Grant-Equiv)

0.0%

Bilateral loan

Inter-bank loan