ICBC Indonesia provides IDR 30 billion fixed installment loan facility to PT Radana Bhaskara Finance Tbk in June 2012 for unspecified purposes
Commitment amount
$ 3752239.7029276807
Adjusted commitment amount
$ 3752239.7
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
Project lifecycle
Description
On June 15, 2012, ICBC Indonesia signed an agreement with PT Radana Bhaskara Finance Tbk, an Indonesian financial services and asset-based financing company, to provide a IDR 30,000,000,000 fixed installment loan ("fixed installment loan 2 (PTI 2)") 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
Details
Cofinanced
No
Direct receiving agencies [Type]
PT Radana Bhaskara Finance Tbk (formerly PT HD Finance Tbk) [Private Sector]