Project ID: 92646

China Eximbank provides $50 million loan to Black Sea Trade Development Bank for on-lending purposes

Commitment amount

$ 50000000.0

Adjusted commitment amount

$ 50000000.0

Constant 2021 USD

Summary

Funding agency [Type]

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

Recipient

Europe, regional

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

2021-01-01

Description

In 2021, China Eximbank and the Black Sea Trade Development Bank signed a $50 million loan agreement for on-lending purposes. The loan carried a 3-year maturity and an unknown interest rate.

Number of official sources

4

Number of total sources

5

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Details

Cofinanced

No

Direct receiving agencies [Type]

Black Sea Trade and Development Bank [Intergovernmental Organization]

Loan Details

Maturity

3 years

Bilateral loan

Inter-bank loan