Project ID: 96745

Bank of China provides Rp 90 billion loan to PT BFI Finance Indonesia TBK

Commitment amount

$ 11256719.108783042

Adjusted commitment amount

$ 11256719.11

Constant 2021 USD

Summary

Funding agency [Type]

Bank of China (Jakarta Branch) [State-owned Commercial Bank]

Recipient

Indonesia

Sector

Unallocated/unspecified (Code: 998)

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

Implementation (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2012-07-05

Description

On July 5, 2012, the Bank of China Jakarta Branch signed a term loan facility agreement with PT BFI Finance Indonesia TBK - a multi-finance company in Indonesia - with a maximum credit limit of Rp 90 billion. The term of the loan is 36 months from the loan drawdown date. The loan is secured by net investments in finance lease and consumer financing receivables. As of June 30, 2015, and December 31, 2014, the outstanding loan amounted to Rp 7,500 and Rp 22,500, respectively. The company has drawdown the entire loan.

Number of official sources

1

Number of total sources

1

Download the dataset

Details

Cofinanced

No

Direct receiving agencies [Type]

PT BFI Finance Indonesia TBK [State-owned Company]

Loan Details

Maturity

3 years

Bilateral loan