Active Development AidData Chinese Aid

CDB provides US$20 million syndicated loans to the State Savings Bank of Tajikistan 'Amonatbonk' (Linked to Record ID#69997, #40482, #40479, #40481)

¥20M RMB

Funder	China Development Bank (CDB)
Recipient Organization	State Savings Bank of Tajikistan (Amonatbonk)
Country	Tajikistan
Start Date	May 20, 2013
End Date	May 26, 2032
Duration	6,946 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`72802`

Grant Description

CDB provides US$20 million syndicated loans to the State Savings Bank of Tajikistan 'Amonatbonk' On May 20, 2013, several loan agreements between the State Savings Bank of Tajikistan "Amonatbonk" and China Development Bank (CDB) were signed.

The USD portion of the 5 agreements totaled to USD 20 million, however no breakdown of the individual agreements was found.

The loans were part of a series of investments made on May 20th during President of Tajikistan Emomalii Rahmon's visit to China.

These other projects were: loans totalling 33 million RMB to Amonatbonk (captured in Record ID#69997), a 200 million RMB grant (captured in Record ID#40481), an agreement for the reconstruction of Regar Substation (captured in Record ID#40482), a loan to Zijin Mining for investment into the Zeravshan Gold Mine (captured in Record ID#40479), a technical cooperation agreement, a fruit inspection protocol, and a sports cooperation agreement.

📋 Staff Comments

A single listed source (https://amonatbonk.tj/tj/about/news/2757/) discusses an 8.5 million USD loan. It is possible that this may be a single loan among the many that were wrapped into this 20 million USD aggregate, but there is no confirmation for this.

📚 Sources & References

Investments
China allocates $140 million for Tajik gold mining company, Пресс-релизы : Официальные переговоры на высшем уровне между Республикой Таджикистан и Китайской Народной Республикой, Созишномаи қарзӣ миёни БДА ҶТ «Амонатбонк» ва Бонки давлатии рушди Хитой
Meetings with president of Eximbank of China and governor of Henan province
China as Tajikistan’s ‘Lender of Last Resort’
China reportedly expected to allot 200 million yuan in no-strings to Tajikistan
President Rahmon meets with top managers of two China’s leading banks in Beijing 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.