35913-014: MON: INVESTMENT IN TRADE & DEVELOPMENT BANK

Project Data Sheet (PDS): Overview


Description

The objectives of the proposed investment include, (i) increased financial sector stability through bolstering the confidence in one of Mongolia's most important financial institutions and by extension in the whole sector, to be achieved through demonstrating to other potential investors and the banking public that ADB has confidence in the strategy and management of the market leader, and (ii) to open an avenue for feedback that ADB can utilize in evaluating the efficacy of past and ongoing initiatives in financial sector reform and development undertaken by its public sector operations. Read More

Country Mongolia
Borrower/Equity Investment Name TRADE AND DEVELOPMENT BANK OF MONGOLIA
Project Number 35913-014
Project Type or Modality of Assistance PS
Financing Private sector (Nonsovereign)
Status Approved
Approval Numbers 7197
Approval Date 20 Apr 2004
Closing Date 31 Dec 2004
Geographical Location Ulaanbatar
Sector Finance
Subsector Banking Systems
Safeguard Categories Environment: FI

Results Delivered

Small and medium-sized enterprise loan accounts opened or end borrowers reached (number) 5

The results data reported above are limited to ADB's core sectors, as defined under Strategy 2020 and tracked through indicators in the ADB Results Framework. For definitions of results indicators, please see the ADB Results Framework Indicators Definition.

 

 

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.

Project Data Sheets (PDS)

Responsible ADB Officer
Steven Beck
Request for information

Responsible ADB Department
Private Sector Operations Department

Responsible ADB Divisions
Private Sector Investment Funds & Special Initiatives Div

PDS Creation Date
23 Aug 2006

Last PDS Update
28 Aug 2006

SEARCH/BROWSE PROJECTS