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ICBC provides Rp500B working capital loan to PT Bahari Makmur Sejati for seafood processing
| Funder | Industrial and Commercial Bank of China (ICBC) |
|---|---|
| Recipient Organization | PT Bahari Makmur Sejati |
| Country | Indonesia |
| Start Date | Jan 01, 2018 |
| End Date | Apr 15, 2031 |
| Duration | 4,852 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 66403 |
Grant Description
ICBC provides Rp500B working capital loan to PT Bahari Makmur Sejati for seafood processing In 2018, the Corporate Banking branch of Bank ICBC Indonesia provided a working capital loan of Rp 500 billion to PT Bahari Makmur Sejati, an export-oriented seafood processing company. ICBC Indonesia's 2018 Annual Report states that this financing was carried out by Corporate Banking in 2018.
The loan details of the project are unclear.
Sources & References
Annual Report 2018 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 Bahari Makmur Sejati
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