37919-014: PHI: NHMFC's DISPOSAL OF NON-PERFORMING LOANS

Project Data Sheet (PDS): Overview


Description

The goal of the Project is to catalyze the non-performing asset (NPA) and non-performing loan (NPL) market in the Philippines, enable NHMFC to focus on its role as a secondary housing mortgage institution, and provide much needed liquidity to the Philippine pension system through the repayment of NHMFC's debt to the Social Security System and the Home Development Mutual Fund. Read More

Country Philippines
Borrower/Equity Investment Name
Project Number 37919-014
Type or Modality of Assistance PS
Financing Private sector (Nonsovereign)
Status Approved
Approval Numbers 7206/2155
Approval Date 17 Dec 2004
Geographical Location Philippines
Sector Finance
Subsector Housing finance
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.

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Project Data Sheets (PDS)

Responsible ADB Officer
William Willms
Request for information

Responsible ADB Department
Private Sector Operations Department

Responsible ADB Divisions
Private Sector Investment Funds & Special Initiatives Div

PDS Creation Date
28 Aug 2006

Last PDS Update
16 Nov 2009

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