Project ID: 96455

CDB provides $200 million loan to PVCombank for on-lending purposes

Commitment amount

$ 152578964.70301473

Adjusted commitment amount

$ 152578964.7

Constant 2021 USD

Summary

Funding agency [Type]

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

Recipient

Vietnam

Sector

Banking and financial services (Code: 240)

Flow type

Loan

Level of public liability

Other public sector debt

Infrastructure

No

Category

Intent

Commercial (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

2018-01-01

Description

On August 29, 2011, China Development Bank (CDB) and Vietnam Public Joint Stock Commercial Bank (PVCombank) — a state-owned commercial bank in Vietnam — signed one or more loan agreements worth $140 million for on-lending purposes. The borrowing terms of the loan are unknown.

Additional details

1. The Vietnam Public Joint Stock Commercial Bank (PVcomBank) is a state-owned commercial bank. The state-owned Vietnam Oil and Gas Group (PetroVietnam) holds a 52 percent ownership stake in PVcomBank.

Number of official sources

2

Number of total sources

5

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

Vietnam Public Joint Stock Commercial Bank (PVCombank) [State-owned Bank]

Implementing agencies [Type]

Vietnam Public Joint Stock Commercial Bank (PVCombank) [State-owned Bank]

Loan Details

Bilateral loan

Inter-bank loan