ICBC (Asia) contributes to a USD $125 million syndicated loan to ICICI Bank

$25M USD

Funder	Industrial and Commercial Bank of China (Asia) Limited (ICBC (Asia))
Recipient Organization	ICICI Bank Limited
Country	India
Start Date	Aug 01, 2005
End Date	Jun 27, 2030
Duration	9,096 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`98568`

Grant Description

ICBC (Asia) contribution to USD 125 million syndicated loan to ICICI Bank In August 2005, Industrial and Commercial Bank of China (Asia) Limited (ICBC (Asia)) participated in a $125 million USD syndicated loan to ICICI Bank.

Along with ICBC (Asia), BNP Paribas, Bank of Tokyo-Mitsubishi, Calyon, and Natexis Banques Populaires were the lead banks. This loan carried a maturity period of three years.

📋 Staff Comments

1. The exact size of ICBC’s financial contributions to the $125 million syndicated loan are unknown. For the time being, AidData assumes that all five members of the lending syndicate contributed equal amounts ($25,000,000).

📚 Sources & References

Asia Pacific Syndicated Loans 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.