China Eximbank provides $257.3 million loan for unspecified purpose

$257.39M USD

Funder	Export-Import Bank of China (China Eximbank)
Recipient Organization	Government of Iran
Country	Iran
Start Date	Jan 01, 2002
End Date	Dec 04, 2029
Duration	10,199 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`104607`

Grant Description

China Eximbank provides $257.3 million loan for unspecified purpose In 2002, a Chinese state-owned lender (most likely China Eximbank) issued a $257,388,000 loan to a government or government-guaranteed borrowing institution in Iran for an unspecified purpose.

📋 Loan / Grant Terms

💰 Loan Amountincluded a 14

📅 Maturity14.1376 years

⏳ Grace Period3.7746 years

💹 Interest Rate3.055%

📋 Staff Comments

1. The face value and borrowing terms of the loan are drawn data voluntarily disclosed by the Government of Iran to the World Bank through the Debtor Reporting System (DRS).

📚 Sources & References

May 2024 DRS Extraction of Data on Official and Private Chinese Loans to Iran and Borrowing Terms Loan applications and disbursements are still being received and processed as the projects continue to evolve. Ongoing monitoring and evaluation are in place to ensure project continuity.