ICBC Indonesia provides IDR 30 billion fixed installment loan facility to PT Radana Bhaskara Finance Tbk in June 2012 for unspecified purposes

$2.14M USD

Funder	PT Bank ICBC Indonesia
Recipient Organization	PT Radana Bhaskara Finance Tbk (formerly PT HD Finance Tbk)
Country	Indonesia
Start Date	Jun 15, 2012
End Date	Feb 05, 2031
Duration	6,809 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`98610`

Grant Description

ICBC Indonesia provides IDR 30 billion fixed installment loan facility to PT Radana Bhaskara Finance Tbk in June 2012 for unspecified purposes On June 15, 2012, ICBC Indonesia signed an agreement with PT Radana Bhaskara Finance Tbk, an Indonesian financial services and asset-based financing company, to provide a IDR 30,000,000,000 fixed installment loan ("fixed installment loan 2 (PTI 2)") 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.