33359-033: Banking Sector Reform Project

Project Data Sheet (PDS): Overview


Description

The TA Loan will foster improvements in governance of the SOCBs by introducing modern banking policies and procedures. This will be achieved by (i) resolving NPLs through a case-by-case focus on cash recovery and legal action; (ii) ensuring that new flows of credit are secured by cash flows; (iii) introducing a client-and-business orientation in banking relationships, particularly in assisting SMEs to present bankable projects; and (iv) reducing costs through better economies of scale.... Read More

Country Lao People's Democratic Republic
Project Number 33359-033
Project Type or Modality of Assistance Loan
Financing Public sector (Sovereign)
Status
Approval Number Loan No. 1931
Approval Date 14 Nov 2002
Closing Date 24 Nov 2010
Geographical Location Nationwide
Sector / Subsector Classification Finance
/ Banking Systems
Safeguard Categories Environment: C

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Project Data Sheets (PDS)

Responsible ADB Officer
Thatha Hla
Request for information

Responsible ADB Department
Southeast Asia Department

Responsible ADB Divisions
Public Management, Financial Sector and Trade Division, SERD

Executing Agencies
Bank of the Lao People's Democratic Republic
Mr. Khamphout Sitthilath

PDS Creation Date
29 Nov 2006

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