Overview

China Eximbank provides a working capital facility to Al Khalij

Commitment Year•2019Country of Activity•QatarDirect Recipient Country of Incorporation•QatarSector•Banking And Financial ServicesFlow Type•Loan

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Apr 27, 2019

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

Al Khalij Commercial Bank P.Q.S.C.

Loan description

China Eximbank provides a working capital facility to Al Khalij

Interest type•Unknown

Narrative

Full Description

Project narrative

From April 25 to 27, 2019, during the Second Belt and Road Forum for International Cooperation, the Export-Import Bank of China signed a working capital facility agreement with Al Khalij Commercial Bank P.Q.S.C., a Qatari public shareholding bank 47% owned by the Government of Qatar.