40909-014: PRC: HANGZHOU CITY COMMERCIAL BANK

Project Data Sheet (PDS): Overview

Description

The Project involves an equity investment in a City Commercial Bank in the PRC (PRC Bank) of up to $30 million (or CNY equivalent) for approximately 5% of the total outstanding shares. Read More

Country China, People's Republic of
Borrower/Equity Investment Name BANK OF HANGZHOU CO., LTD.
Project Number 40909-014
Type or Modality of Assistance PS
Financing Private sector (Nonsovereign)
Status Approved
Approval Number 7240
Approval Date 27 Jul 2006
Geographical Location PRC
Sector Finance
Subsector Banking Systems
Safeguard Categories Environment: FI
Resettlement: C
Indigenous People: C

 

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