Project Data Sheets (PDS) contain summary information on the project or program: Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.
| PDS Creation Date | 20 Mar 2006 |
| PDS Updated as of | 27 Mar 2013 |
| Project Name | KAZ: ASSISTANCE TO PRIVATE BANKS IN KAZAKHSTAN |
| Country |
Kazakhstan |
| Project/Program Number | 40908-014 |
| Status | Approved |
| Geographical Location | Almaty |
| In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area. | |
| Sector and/or Subsector Classification | Finance / Banking Systems |
| Thematic Classification | Economic growth Private sector development |
| Gender Mainstreaming Categories | – |
Project Sponsors |
Alliance Bank Bank TuranAlem |
| Type/Modality of Assistance | Approval Number | Source of Funding | Approved Amount (thousand) |
|---|---|---|---|
| Private Sector Loan and Equity | 7236/2236 | Private Sector Loan (Approved) | 75,000 |
| TOTAL | US$ 75,000 | ||
| Environmental Aspects – |
| Involuntary Resettlement – |
| Indigenous Peoples – |
| During Project Design – |
| During Project Implementation – |
| The ADB provided a senior loan of up to $75 million, to be denominated in US$ to Bank TuranAlem JSC (BTA).1 |
| ADB's objective in the proposed transaction is to assist Bank TuranAlem in growing its SME and retail loan portfolios by providing part of the needed debt funding and in turn assist the Government of Kazakhstan in its efforts to steer the Kazakh economy towards a more sustainable SME-led growth and to diversify from the dominance and dependence on natural resources industries. |
| – |
| Description of Project Outputs – |
Status of Implementation Progress (Outputs, Activities, and Issues) – |
| Status of Development Objectives Development objectives partially met. |
Material Changes Loan in BTA was restructured into debt and equity instruments which have been fully liquidated and sold. |
| Date of First Listing | – |
| Consulting Services – |
|
| Procurement – |
|
| Procurement and Consulting Notices http://www.adb.org/projects/40908-014/business-opportunities |
|
| Concept Clearance | 25 Jan 2006 |
| Fact-finding | – |
| Management Review Meeting | 11 May 2006 |
| Approval | 15 Jun 2006 |
| Last Review Mission | 27 Feb 2006 to 08 Mar 2006 |
| Approval No. | Approval | Signing | Effectivity | Closing | ||
| Original | Revised | Actual | ||||
| – | – | – | – | – | – | – |
| Responsible ADB Officer | William Willms ( @adb.org) |
| Responsible ADB Department | Private Sector Operations Department |
| Responsible ADB Divisions | Capital Markets and Financial Sectors Division |
| Executing Agencies | – |
| Project Website | http://www.adb.org/projects/40908-014/main |
| List of Project Documents | http://www.adb.org/projects/40908-014/documents |