CDB provides $30 million loan to Canadia Bank for unspecified purposes

Funder	China (People's Republic of)
Recipient Organization	Cambodia
Country	Cambodia
Start Date	Jan 12, 2013
End Date	Mar 08, 2028
Duration	5,534 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`62349`

Grant Description

CDB provides $30 million loan to Canadia Bank for unspecified purposes On September 5, 2013, CDB signed a US$30 million loan facility agreement with Canadia Bank for unspecified purposes. On that day "The Fifth China-ASEAN Financial Cooperation and Development Leaders Forum" was held in Nanning.

📋 Loan / Grant Terms

💰 Loan Amountfacility has a 6-year maturity and annual interest rate of six-month LIBOR plus a credit spread of 4

📅 Maturity6 years

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.