Overview

China Eximbank provides a $200 million USD loan to Doha Bank for general corporate purposes and working capital

Commitments (Constant USD, 2023)$206,346,764

Commitment Year•2020Country of Activity•QatarDirect Recipient Country of Incorporation•QatarSector•Banking And Financial ServicesFlow Type•Loan

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Aug 6, 2020

Stakeholders

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

Ultimate beneficial owners

At least 25% host country ownership

Funding agencies

State-owned Policy Banks

Export-Import Bank of China (China Eximbank)

Receiving agencies

Private Sector

Doha Bank Q.P.S.C.

Loan description

China Eximbank provides a $200 million USD loan to Doha Bank for general corporate purposes and working capital

Interest type•Unknown

Narrative

Full Description

Project narrative

On August 6, 2020, the Export-Import Bank of China entered into a $200 million USD loan agreement with Doha Bank for general corporate and working capital purposes. Spending priorities for the funds included supporting China-Qatar cooperation in trade, investment, infrastructure, and epidemic prevention and control.