Project ID: 98609

ICBC Indonesia provides IDR 50 billion fixed installment loan facility to PT Radana Bhaskara Finance Tbk in December 2011 for unspecified purposes

Commitment amount

$ 7008348.362743396

Adjusted commitment amount

$ 7008348.36

Constant 2021 USD

Summary

Funding agency [Type]

Industrial and Commercial Bank of China (ICBC) [State-owned Commercial Bank]

Recipient

Indonesia

Sector

Banking and financial services (Code: 240)

Flow type

Loan

Level of public liability

Private 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

Completion (The next section lists the possible statuses.)

Pledge

Commitment

Implementation

Completion

Suspended

Cancelled

Milestones

Commitment

2011-12-21

Actual complete

2015-01-01

Description

On December 21, 2011, ICBC Indonesia signed an agreement with PT Radana Bhaskara Finance Tbk, an Indonesian financial services and asset-based financing company, to provide a IDR 50,000,000,000 fixed installment loan facility. Lending details, including maturity, purpose, and interest rate, are unknown. The loan was repaid in full in 2015.

Number of official sources

1

Number of total sources

1

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Details

Cofinanced

No

Direct receiving agencies [Type]

PT Radana Bhaskara Finance Tbk (formerly PT HD Finance Tbk) [Private Sector]

Loan Details

Bilateral loan