Project ID: 95981

CDB provides $200 million loan to Vietcombank for unspecified purposes

Commitment amount

$ 245976036.26825547

Adjusted commitment amount

$ 245976036.27

Constant 2021 USD

Summary

Funding agency [Type]

China Development Bank (CDB) [State-owned Policy Bank]

Recipient

Vietnam

Sector

Unallocated/unspecified (Code: 998)

Flow type

Loan

Level of public liability

Private 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

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

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2011-08-29

Description

On August 29, 2011, China Development Bank (CDB) and Vietcombank — a state-owned commercial bank in Vietnam — signed a $200 million loan agreement for unspecified purposes. The borrowing terms of the loan are unknown.

Additional details

1. Vietcombank is a state-owned commercial bank. It is majority-owned (74.8% equity stake) by the country’s central bank (State Bank of Vietnam).

Number of official sources

1

Number of total sources

1

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Bank of Foreign Trade of Vietnam (Vietcombank) [Private Sector]

Implementing agencies [Type]

Bank of Foreign Trade of Vietnam (Vietcombank) [Private Sector]

Loan Details

Bilateral loan

Inter-bank loan