CDB provides $50 million loan to Development Bank of Kazakhstan for unspecified purposes

$50M USD

Funder	China Development Bank (CDB)
Recipient Organization	Development Bank of Kazakhstan JSC (Baiterek or DBK)
Country	Kazakhstan
Start Date	Jan 01, 2022
End Date	Oct 30, 2032
Duration	3,955 days
Number of Grantees	1
Roles	Recipient
Data Source	AidData Chinese Aid
Grant ID	`96063`

Grant Description

CDB provides $50 million loan to Development Bank of Kazakhstan for unspecified purposes In 2022, China Development Bank (CDB) issued a $50 million loan to Development Bank of Kazakhstan JSC for unspecified purposes. The loan’s final maturity date is June 2030. Other details of the loan are unknown.

📚 Sources & References

Consolidated Financial Statements for year ended 31 December 2022
Consolidated Interim Condensed Financial Statements for the six months ended 30 June 2022
中国新闻社：国开行设立100亿元人民币等值专项贷款支持中国－中亚合作 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.