Kyrgyz Republic: Financial Sector Program II

Sovereign Project | 34172-012

Latest Project Documents

Title Document Date
Financial Sector Reforms Dec 2002

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Project Name Financial Sector Program II
Project Number 34172-012
Country Kyrgyz Republic
Project Status Closed
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 4069-KGZ: Financial Sector Program II
Technical Assistance Special Fund US$ 600,000.00
Strategic Agendas Inclusive economic growth
Drivers of Change Governance and capacity development
Sector / Subsector Finance - Finance sector development
Gender Equity and Mainstreaming No gender elements
Description The purpose of the TA is to: (i) strengthen the financial sector regulatory framework and its enforcement, with focus on effective risk management; (ii) promote consolidation of the banking sector; and (iii) facilitate capital market development. The outputs will include: (a) enhanced regulatory and enforcement framework for the banking sector; (b) a strategic framework aimed at enhancing consolidation and attracting foreign investments in the banking sector; and (c) a medium-term policy, institutional and regulatory framework to guide capital market development.
Project Rationale and Linkage to Country/Regional Strategy
Impact
Project Outcome
Description of Outcome
Progress Toward Outcome
Implementation Progress
Description of Project Outputs
Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Business Opportunities
Consulting Services A total of 56 person-months of individual consulting services will be required comprising of 14 person-months of international and 42 person-months of domestic expertise. The international consultants will include the following: (i) Banking System Specialist (5 person-months); (ii) Legal Expert (3 person-months); and (iii) Capital Market Specialist (6 person-months). The local experts will be: (i) an Accountant/Auditor (10 person-months); (ii) a Legal Expert (10 person-months); (iii) a Capital Market Specialist (8 person-months); and (iv) an Information Technology Specialist (14 person-months).
Procurement None
Responsible ADB Officer Jurgen F. Conrad
Responsible ADB Department Central and West Asia Department
Responsible ADB Division Public Management, Financial Sector and Trade Division, CWRD
Executing Agencies
National Bank of the Kyrgyz RepublicMr. Marlis Duishegulov, Directormduishegulov@nbkr.kg7, Umetalieva Str, 720040, Bishkek Kyrgyz Republic
Timetable
Concept Clearance 10 Mar 2002
Fact Finding 26 Oct 2002 to 02 Nov 2002
MRM -
Approval 19 Dec 2002
Last Review Mission -
Last PDS Update 02 Jul 2006

TA 4069-KGZ

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
19 Dec 2002 17 Jan 2003 17 Jan 2003 31 Jan 2004 28 Feb 2006 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
600,000.00 0.00 0.00 0.00 0.00 0.00 600,000.00 19 Dec 2002 554,721.58
Title Document Type Document Date
Financial Sector Reforms Technical Assistance Reports Dec 2002

Safeguard Documents

See also: Safeguards

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Evaluation Documents

See also: Independent Evaluation

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