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ICBC Indonesia provides a IDR 800 billion loan to Bank BJB for unspecified purposes
| Funder | PT Bank ICBC Indonesia |
|---|---|
| Recipient Organization | PT Bank Pembangunan Daerah Jawa Barat Syariah (Bank BJB) |
| Country | Indonesia |
| Start Date | Sep 01, 2020 |
| End Date | Apr 08, 2030 |
| Duration | 3,506 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 105053 |
Grant Description
ICBC Indonesia provides a IDR 800 billion loan to Bank BJB for unspecified purposes On September 1, 2020, PT Bank ICBC Indonesia issued a IDR 800,000,000,000 bilateral committed loan credit facility to PT Bank Pembangunan Daerah Jawa Barat dan Banten Tbk (Bank BJB) — an Indonesian bank owned by the West Java and Banten Provincial Governments and various city governments in both provinces — for unspecified purposes.
This loan featured financial covenants requiring the borrower to provide financial statement (audited) with maximum period 180 days after year end closing and also followed by other relevant documents.
Sources & References
- Growth through Digital Acceleration
- Giving Meaning for Indonesia
- Pertumbuhan Melalui Akselerasi Digital
- Memberi Makna untuk Indonesia 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.
All Grantees
PT Bank Pembangunan Daerah Jawa Barat Syariah (Bank BJB)
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