CDB provides $20 million loan to State Savings Bank of Tajikistan (Amonatbonk) for on-lending purposes

¥20M RMB

Funder	China Development Bank (CDB)
Recipient Organization	State Savings Bank of Tajikistan (Amonatbonk)
Country	Tajikistan
Start Date	Nov 01, 2023
End Date	May 02, 2029
Duration	2,009 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`108756`

Grant Description

CDB provides $20 million loan to State Savings Bank of Tajikistan (Amonatbonk) for on-lending purposes In November 2023, China Development Bank (CDB) signed a $20 million loan agreement (captured in Record ID #108756) and an RMB 100 million loan agreement (captured in Record ID #107914) with State Savings Bank of Tajikistan (Amonatbonk).

The borrowing terms of the loans are unknown.

However, it is known that the borrower was expected to use the loan proceeds to on-lend in support of the development of small and mid-sized enterprises and agricultural projects in Tajikistan.

📚 Sources & References

China Development Bank provides Tajik State Savings Bank with financing worth of 35 Milllon USD
Tajikistan's Amonatbank
China Development Bank to sign credit agreements worth $34M 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.