Project Name AZE: PRIVATE BANKS AND LEASING COMPANIES IN AZERBAIJAN
Project Number 39930-014
Borrower/Company ACCESSBANK
AZERIGAZBANK
Country Azerbaijan
Location
Approval Number 7229
Type or Modality of Assistance
7229 Loan USD 4.00 million Closed
7229 Equity USD 3.00 million Cancelled
7229 Loan USD 4.00 million Closed
Strategic Agendas Inclusive economic growth
Drivers of Change
Sector / Subsector

Finance - Small and medium enterprise finance and leasing

Gender Equity and Mainstreaming
Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Private Sector Financial Institutions Division
Responsible ADB Officer Pamela Bracey
Project Sponsor(s)
Description AZE: PRIVATE BANKS AND LEASING COMPANIES IN AZERBAIJAN
Objectives and Scope
Linkage to Country/Regional Strategy ADB public sector operations are working with the Government to develop a program to improve credit supply in rural areas, with a particular focus on microfinance. The proposed intervention is complementary to this rural and micro finance initiative as it focuses on a general strengthening of the private banks, rather than on on-lending to a particular target group or geographic region.

Summary of Environmental and Social Aspects

Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation

Timetable for assistance design, processing and implementation

Concept Clearance 01 Feb 2006
Due Diligence 25 Oct 2005
Credit Committee Meeting -
Approval 30 Mar 2006
PDS Creation Date 06 Feb 2006
Last PDS Update 01 Sep 2006

 
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