39935-014: BAHAY FINANCIAL SERVICES, INC. (BFSI)

Project Data Sheet (PDS): Overview


Description

BFSI was created for servicing, management and administration of mortgage loans and related collateral property in the Philippines held by Balikatan Housing Finance, Inc., a holding company set up and owned by DB Real Estate Global Opportunities IB, LP (DBGO) and National Home Mortgage Finance Corporation (NHMFC). Read More

Country Philippines
Borrower/Equity Investment Name
Project Number 39935-014
Project Type or Modality of Assistance PS
Financing Private sector (Nonsovereign)
Status Approved
Approval Number 7221
Approval Date 17 Dec 2004
Geographical Location Metro Manila
Sector Finance
Subsector Housing finance

 

 

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
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
07 Nov 2006

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