CDB signs framework agreement with Uzpromstroybank for 68 million RMB (Linked to Record ID#88205)

¥68M RMB

Funder	China Development Bank (CDB)
Recipient Organization	Joint-Stock Commercial Bank 'Uzbek Industrial and Construction Bank' (JSCB Uzpromstroybank) (UzPSB)
Country	Uzbekistan
Start Date	Apr 19, 2011
End Date	Jun 03, 2032
Duration	7,716 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`88206`

Grant Description

CDB signs framework agreement with Uzpromstroybank for 68 million RMB On April 19, 2011, China Development Bank signed a framework agreement with Uzpromstroybank (Uzbek Industrial and Construction Bank) for a credit facility worth 10 million USD (see Record ID#88205) and a credit facility worth 68 million RMB.

On the same day, China Development Bank also signed a framework agreement with Asaka Bank for a credit facility worth 15 million USD (see Record ID#88201) and a credit facility worth 100 million RMB (see Record ID#88203), as well as a framework agreement with Ipoteka Bank for a credit facility worth 15 million USD (see Record ID#88202) and a credit facility worth 68 million RMB (see Record ID#88204).

📋 Staff Comments

Uzpromstroy Bank is also known as Uzbek Industrial and Construction Bank.

📚 Sources & References

国家开发银行 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.