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32907-014: SRI: PROPOSED CREDIT ENHANCEMENT (CEF) for PRIVATE SECTOR ENT.
Project Data Sheet (PDS): Overview
Description
The rationale for CEF stems from the need to address constraints in raising long-term debt by private enterprises in Sri Lanka. CEF would allow a local financial institution to borrow from international capital markets to meet some of the demand for long-term funds of private enterprises in the country.It would help enlarge the supply of long-term funds and develop the debt market by creating more supply of securities.... Read More
| Country |
Sri Lanka |
|---|---|
| Borrower/Equity Investment Name | – |
| Project Number | 32907-014 |
| Project Type or Modality of Assistance |
Private Sector Loan and Equity |
| Financing | Private sector (Nonsovereign) |
| Status | Approved |
| Approval Numbers |
7149/1629 |
| Approval Date | 08 Sep 1998 |
| Closing Date | 07 Dec 1998 |
| Geographical Location | _Colombo |
| Sector / Subsector Classification |
Finance / Banking Systems |
| Thematic Classification | Economic growth |
| Safeguard Categories |
Environment: C |
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.
The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.
The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.
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.
Responsible ADB Officer
Pamela Bracey
Email contact form
Responsible ADB Department
Private Sector Operations Department
Responsible ADB Divisions
Capital Markets and Financial Sectors Division
PDS Creation Date
29 Aug 2006
Last PDS Update
29 Aug 2006