ICBC Indonesia provides IDR 80 billion fixed installment loan facility to PT Radana Bhaskara Finance Tbk in July 2011 for unspecified purposes

$5.71M USD

Funder	PT Bank ICBC Indonesia
Recipient Organization	PT Radana Bhaskara Finance Tbk (formerly PT HD Finance Tbk)
Country	Indonesia
Start Date	Jul 18, 2011
End Date	Sep 10, 2028
Duration	6,264 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`98608`

Grant Description

ICBC Indonesia provides IDR 80 billion fixed installment loan facility to PT Radana Bhaskara Finance Tbk in July 2011 for unspecified purposes On July 18, 2011, ICBC Indonesia signed an agreement with PT Radana Bhaskara Finance Tbk, an Indonesian financial services and asset-based financing company, to provide a IDR 80,000,000,000 fixed installment loan facility.

Lending details, including maturity, purpose, and interest rate, are unknown. The loan was repaid in full in 2015.

📚 Sources & References

Radana Finance December 2015 Financial Statements 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.