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Active Mixed AidData Chinese Aid

CDB provides $80 million loan to Global Bank Corporation of Panama for working capital purposes in November 2018

$80M USD

Funder China Development Bank (CDB)
Recipient Organization Global Bank Corporation S.A. of Panama
Country Panama
Start Date Nov 01, 2018
End Date Dec 23, 2030
Duration 4,435 days
Number of Grantees 1
Roles Recipient
Data Source AidData Chinese Aid
Grant ID 92106
Grant Description

CDB provides $80 million loan to Global Bank Corporation of Panama for working capital purposes in November 2018 In November 2018, Global Bank Corporation of Panama entered into a $80 million term facility agreement with China Development Bank for working capital purposes. The final maturity date of the loan is in 2021.

📚 Sources & References

GLOBAL BANK CORPORATION U.S.$300,000,000 Senior Fixed to Floating Notes due 2029 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

Global Bank Corporation S.A. of Panama

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