Overview

ICBC Argentina donates 25,000 USD to MALBA in 2016

Commitments (Constant USD, 2023)$27,268

Commitment Year•2016Country of Activity•ArgentinaDirect Recipient Country of Incorporation•ArgentinaSector•Other Social Infrastructure And ServicesFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Jan 1, 2016

Start (actual): Jan 1, 2016

End (actual): Jan 1, 2016

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

State-owned Commercial Banks

Industrial and Commercial Bank of China (ICBC)

Receiving agencies

Miscellaneous Agency Types

Museo de Arte Latinoamericano (MALBA)

Loan description

ICBC Argentina donates 25,000 USD to MALBA in 2016

Narrative

Full Description

Project narrative

In 2016, ICBC Argentina, a subsidiary of the Chinese state-owned Industrial and Commercial Bank of China (ICBC), donated $25,000 USD to the Museo de Arte Latinoamericano de Buenos Aires (MALBA) to support the acquisition of two artworks for the museum’s permanent collection. The donation marked the beginning of a cultural partnership between ICBC and MALBA. The aim was to support the museum’s exhibitions and programming and to enhance cultural ties between China and Argentina.