Project ID: 92645

China Eximbank provides RMB 1.5 billion loan to Eurasian Development Bank for on-lending purposes

Commitment amount

$ 242790652.6929128

Adjusted commitment amount

$ 242790652.69

Constant 2021 USD

Summary

Funding agency [Type]

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

Recipient

Multi-Region

Sector

Banking and financial services (Code: 240)

Flow type

Loan

Level of public liability

Unallocable

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

Pipeline: Commitment (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2020-11-16

Description

On November 16, 2020, China Eximbank and the Eurasian Development Bank signed an RMB 1.5 billion ($230 million) loan agreement for on-lending purposes. The loan carried a 5-year maturity and an unknown interest rate.

Additional details

1. Some EDB members are ODA-eligible in 2020, while others - such as Russia - are not. The location of on-lending recipients is unknown for the time being. Given that the majority of the EDB's capital is, as of January 2023 held by countries that were ODA-eligible in 2020, the recipient has been coded as ODA-eligible for the time being.

Number of official sources

2

Number of total sources

3

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Eurasian Development Bank [Intergovernmental Organization]

Implementing agencies [Type]

Eurasian Development Bank [Intergovernmental Organization]

Loan Details

Maturity

5 years

Bilateral loan