Project Data Sheet (PDS): Overview


The goal is to foster private sector development by supporting the emerging private bank sector in Azerbaijan, a transition economy, in which banking is still dominated by state-owned banks. The emerging private bank sector is critical in providing credit to private sector enterprise and such contributes to sustainable economic growth outside the oil sector and state-owned enterprise. By virtue of their small size and customer focus, the targeted banks provide mainly small and micro loans to individual entrepreneurs and small SMEs - and typically do not serve the oil and gas sector. The intervention will strengthen regulatory capital, will enable growth of the small and micro loan portfolio, and support implementation of professional banking practices. Read More

Country Azerbaijan
Borrower/Equity Investment Name AZERIGAZBANK
Project Number 39930-014
Type or Modality of Assistance PS
Financing Private sector (Nonsovereign)
Status Approved
Approval Numbers 7229
Approval Date 30 Mar 2006
Geographical Location Azerbaijan.
Sector Finance
Subsector Small and medium enterprise finance and leasing
Safeguard Categories Environment: FI
Resettlement: C
Indigenous People: C

Results Delivered

Small and medium-sized enterprise loan accounts opened or end borrowers reached (number) 1,441

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.

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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
Pamela Bracey
Request for information

Responsible ADB Department
Private Sector Operations Department

Responsible ADB Divisions
Private Sector Investment Funds & Special Initiatives Div

PDS Creation Date
06 Feb 2006

Last PDS Update
01 Sep 2006