38909-024: SME DEVELOPMENT SUPPORT ( CREDIT INFORMATION BUREAU)

Project Data Sheet (PDS): Overview


Description

The establishment of the Credit Information Bureau (CIB) assists in the development of a sound credit risk management practice among the lenders and borrowers, consequently contributing to a more stable and efficient financial system in the country. The ledners' improved access to accurate and reliable credit information will enable them to make more informed credit decisions while strengthening credit discipline of the borrowers. The availability of consolidated credit information also reduces processing time and costs to the lenders, which is expected to, in turn reduce financing cost of the borrower. Read More

Country Philippines
Borrower/Equity Investment Name CREDIT INFORMATION BUREAU, INC.
Project Number 38909-024
Project Type or Modality of Assistance PS
TA
Financing Private sector (Nonsovereign)
Status
Approval Numbers 7218
Approval Date 29 Sep 2005
Geographical Location nationwide
Sector Finance
Subsector Small and medium enterprise finance and leasing

Related Projects

 

 

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
Peter Marro
Request for information

Responsible ADB Department
Private Sector Operations Department

Responsible ADB Divisions
Capital Markets and Financial Sectors Division

Last PDS Update
31 Oct 2006

SEARCH/BROWSE PROJECTS