Completed Development AidData Chinese Aid

CDB provides $200 million loan to Ziraat Bank for unspecified purposes (Linked to Record ID#67244)

$200M USD

Funder	China Development Bank (CDB)
Recipient Organization	Türkiye Ziraat Bankası A.Ş. (Ziraat Bank)
Country	Turkey
Start Date	Dec 12, 2017
End Date	Sep 29, 2026
Duration	3,213 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`67243`

Grant Description

CDB provides $600 million loan to Ziraat Bank for unspecified purposes in Turkey in 2017 On December 12, 2017, China Development Bank signed a $600 million loan agreement with Ziraat Bank — a Turkish state-owned bank — for unspecified purposes.

📋 Loan / Grant Terms

💰 Loan Amountcarried a 3-year maturity and 6 month grace period

📅 Maturity3 years

It was disbursed in two tranches: a $200 million tranche (captured in Record ID#67243) and a $400 million tranche (captured in Record ID#67244). The first tranche was utilized as of December 2017. The second tranche was utilized on February 9, 2018.

📚 Sources & References

TREASURY NON-GUARANTEED LOAN AGREEMENTS OF PUBLIC SECTOR
Annual report
Ziraat'e Çin'den 600 milyon dolar kredi
Turkey's Ziraat Bank signs $600 mln credit deal with China Development Bank
Paksoy Advises Ziraat Bank on USD 200 Million Term Facility Agreement with China Development Bank
AN ASSESSMENT OF 2018: STRATEGIES
DEVELOPMENTS AND TARGETS FOR THE FUTURE
TÜRKİYE CUMHURİYETİ ZİRAAT BANKASI A.Ş. U.S.$4,000,000,000 Global Medium Term Note Programme
TÜRKİYE CUMHURİYETİ ZİRAAT BANKASI A.Ş. US$7,000,000,000 Global Medium Term Note Programme
US$ 7,000,000,000 Global Medium Term Note Programme 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

Türkiye Ziraat Bankası A.Ş. (Ziraat Bank)

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CDB provides $200 million loan to Ziraat Bank for unspecified purposes (Linked to Record ID#67244)

Grant Description

📚 Sources & References

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