Project Data Sheet

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
PDS Updated as of 13 Jun 2014

Project Name Innovations in Credit Risk Management and Financial Service Capabilities for Rural Commercial Banks in Tianjin Municipality
Country China, People's Republic of
Project/Program Number 46159-001
Status Approved
Geographical Location
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 Public sector management
Subsector Economic and Public Affairs Management
Strategic Agendas
Drivers of Change
Gender Equity and Mainstreaming Categories

Financing

Type/Modality of Assistance Approval Number Source of Funding Approved Amount (thousand)
Technical Assistance8496Technical Assistance Special Fund400
Counterpart 50
TOTAL US$ 450

Summary of Environmental and Social Issues

Environmental Aspects
Involuntary Resettlement
Indigenous Peoples

Stakeholder Communication, Participation and Consultation

During Project Design
During Project Implementation

Description

The TA will support an assessment of IT system needs and preparation of a project plan related to the data needs for rural credit risks and risk management, and product development that will also fully integrate remote rural branches. The TA will also help Tianjin Rural Commercial Bank (TRCB) establish an overall rural finance business strategy to promote rural lending and expand product offerings. An institutionalization mechanism will be in place to accumulate rural finance knowledge, support ongoing staff training programs in TRCB and ultimately disseminate lessons learned to other RCBs in Tianjin Municipality and across PRC.

Project Rationale and Linkage to Country/Regional Strategy

Development Impact

Improved growth prospects for the rural sector providing for development more in line with urban areas.

Project Outcome

Description of Outcome
Increased access of rural residents and small businesses in Tianjin Municipality to finance through expanded offerings of micro and SME financial products
Progress Towards Outcome

Outputs and Implementation Progress

Description of Project Outputs
International best practice assessment and preparation of new processes and an alternative strategy regarding rural credits and financial products for TRCB Development of a systems plan to support rural financial services Institutionalization and dissemination of an effective rural credit risk appraisal, financial product strategy and risk management system
Status of Implementation Progress (Outputs, Activities, and Issues)
Contracts for both international consultant and consulting firm are being finalized, while 2 national consultant positions have been contracted.
Status of Development Objectives
Material Changes

Business Opportunities

Date of First Listing 2013 Oct 14
Consulting Services
The TA will engage one international consultant for a total of 5 person months, and two national consultants for a total of 14 person months. A software firm with a 5 person-month equivalent will be recruited under CQS (Lump Sum) for assessment and provision of a software and hardware evaluation and upgrade plan for the rural sector to enable completion of the data requirements for the risk management system and improved overall data management.
Procurement
Procurement and Consulting Notices
http://www.adb.org/projects/46159-001/business-opportunities

Timetable

Concept Clearance 26 Sep 2013
Fact-finding 23 Jul 2013 to 23 Jul 2013
Management Review Meeting
Approval 30 Oct 2013
Last Review Mission

Milestones

Approval No. Approval Signing Effectivity Closing
Original Revised Actual
Technical Assistance 8496 30 Oct 2013 14 Feb 2014 14 Feb 2014 31 Mar 2015

Utilization

Date Approval Number ADB (US$ thousand) Others (US$ thousand) Net Percentage
Cumulative Contract Awards
Cumulative Disbursements

TA Amount (US$ thousand)

Approval Number Approved Amount Revised Amount Total Commitment Uncommitted Balance Total Disbursement Undisbursed Balance
Technical Assistance 8496 400 400 218 182 38 362

Contacts and Update Details

Responsible ADB Officer Giacomo Giannetto ( @adb.org)
Responsible ADB Department East Asia Department
Responsible ADB Divisions Public Mgt, Financial Sector and Regional Coop Division, EARD
Executing Agencies

Links

Project Website http://www.adb.org/projects/46159-001/main
List of Project Documents http://www.adb.org/projects/46159-001/documents