Loading grant details…
China Eximbank provides RMB 1.5 billion loan to Eurasian Development Bank for on-lending purposes
| Funder | Export-Import Bank of China (China Eximbank) |
|---|---|
| Recipient Organization | Eurasian Development Bank (EDB) |
| Country | Multi-Region |
| Start Date | Nov 16, 2020 |
| End Date | Sep 22, 2032 |
| Duration | 4,328 days |
| Number of Grantees | 1 |
| Roles | Recipient |
| Data Source | AidData Chinese Aid |
| Grant ID | 92645 |
Grant Description
China Eximbank provides RMB 1.5 billion loan to Eurasian Development Bank for on-lending purposes On November 16, 2020, China Eximbank and the Eurasian Development Bank signed an RMB 1.5 billion ($230 million) loan agreement for on-lending purposes and to support transboundary transactions between China and the 6 member countries of the Eurasian Development Bank (Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, and Tajikistan).
Staff Comments
1. Some EDB members are ODA-eligible in 2020, while others - such as Russia - are not. The location of on-lending recipients is unknown for the time being. Given that the majority of the EDB's capital is, as of January 2023 held by countries that were ODA-eligible in 2020, the recipient has been coded as ODA-eligible for the time being.
Sources & References
- 欧亚开发银行从中国进出口银行融资发展跨境贸易
- 欧亚开发银行从中国进出口银行融资发展跨境贸易
- The EDB raises cny 1.5 billion to finance transboundary transactions between china and the banks
- Mapping China’s Multilateralism: A Data Survey of China’s Participation in Multilateral Development Institutions and Funds 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
Eurasian Development Bank (EDB)
Interested in applying for this grant?
Complete our application form to express your interest and we'll guide you through the process.
Apply for This GrantQuick Summary
Related Grants
