Sri Lanka: Rural Finance Sector Development

Sovereign Project | 34320-012 Status: Closed

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Project Name Rural Finance Sector Development
Project Number 34320-012
Country Sri Lanka
Project Status Closed
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 3707-SRI: Rural Finance Sector Development
Japan Special Fund US$ 550,000.00
Strategic Agendas Inclusive economic growth
Drivers of Change Governance and capacity development
Sector / Subsector

Finance - Inclusive finance

Gender Equity and Mainstreaming No gender elements
Project Rationale and Linkage to Country/Regional Strategy

Project Outcome

Description of Outcome
Progress Toward Outcome
Implementation Progress
Description of Project Outputs
Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location Rural areas

Safeguard Categories

Environment B
Involuntary Resettlement
Indigenous Peoples

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 About 12 person-months of international and 14 person-months of domestic consulting services will be needed. The international consultants will be experts in financial institutions and policy, legal aspects of financial institutions, micro and small business, management information and information and communication technology systems, and economic and financial analyses. The domestic consultants will have expertise in rural sociology, bank accounting and auditing, bank inspection and supervision, and laws relating to bank and nonbank financial institutions. A consulting firm will be engaged in accordance with ADB's Guidelines on the Use of Consultants and other arrangements satisfactory to ADB for engaging domestic consultants.
Procurement To be determined.

Responsible Staff

Responsible ADB Officer Maurice A. De Alwis
Responsible ADB Department South Asia Department
Responsible ADB Division Public Management, Financial Sector and Trade Division, SARD
Executing Agencies
The Central Bank of Sri Lanka
Mrs. C. K. Nanayakkara, Director
Equity II Bldg, No. 61 Janadhipathi Mawatha P.O. Box 590, Colombo 1 Sri Lanka


Concept Clearance 09 Mar 2000
Fact Finding 02 Mar 2001 to 17 Mar 2001
Approval -
Last Review Mission -
Last PDS Update 24 Jul 2009

TA 3707-SRI

Approval Signing Date Effectivity Date Closing
Original Revised Actual
24 Aug 2001 05 Nov 2001 05 Nov 2001 31 May 2002 30 Apr 2004 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
550,000.00 0.00 0.00 0.00 0.00 0.00 550,000.00 24 Aug 2001 549,998.72
Title Document Type Document Date
Rural Finance Sector Development Project Technical Assistance Reports Aug 2001

Safeguard Documents See also: Safeguards

Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

None currently available.

Evaluation Documents See also: Independent Evaluation

None currently available.

Related Publications

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