India: Small and Medium Enterprise Trade Finance Development Facility (p/b to NSP 41930-01)

Sovereign Project | 40657-012

Summary

The TA will support Exim Bank in drafting and implementing a strategy for strengthening its role as the lead trade development agency in the region.

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Consulting Notices

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Procurement Documents

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Project Name Small and Medium Enterprise Trade Finance Development Facility (p/b to NSP 41930-01)
Project Number 40657-012
Country India
Project Status Approved
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 7358-IND: Small and Medium Enterprise Trade Finance Development Facility (p/b to NSP 41930-01)
Technical Assistance Special Fund US$ 1.55 million
Strategic Agendas Inclusive economic growth
Regional integration
Drivers of Change Private sector development
Sector / Subsector Finance - Small and medium enterprise finance and leasing
Gender Equity and Mainstreaming
Description The TA will support Exim Bank in drafting and implementing a strategy for strengthening its role as the lead trade development agency in the region.
Project Rationale and Linkage to Country/Regional Strategy The TA will help strengthen Exim Bank's role as the lead development agency for export finance, thereby facilitating private sector entry into the export markets.
Impact The capacity development technical assistance for the trade finance development facility will support Exim Bank in drafting and implementing a strategy for positioning the bank over the next 5 years.
Project Outcome
Description of Outcome The TA will help strengthen Exim Bank's role as the lead development agency for export finance, thereby facilitating private sector entry into the export markets.
Progress Toward Outcome Implementation ongoing. The CDTA will be completed on 20 April 2015.
Implementation Progress
Description of Project Outputs

Critical parameters of the strategy are as follows:

(i) targeting SME export markets, especially in developing countries where India is well positioned;

(ii) identifying the financing needs and risks of global value chains originating from India;

(iii) assessing the suitability of Exim Bank products;

(iv) developing approaches to leveraging resources through structured financing involving the structuring of risk layers to be borne by the Government (first loss, junior debt), Exim Bank (mezzanine debt), and private finance (senior debt), as well as the phasing in of Basel II principles; and

(v) introducing an environmental and social responsibility policy.

Status of Implementation Progress (Outputs, Activities, and Issues) Implementation ongoing
Geographical Location India
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Business Opportunities
Consulting Services Consulting Service Provider retained by ADB
Responsible ADB Officer Peter Marro
Responsible ADB Department South Asia Department
Responsible ADB Division Public Management, Financial Sector and Trade Division, SARD
Executing Agencies
Export-Import Bank of India (Exim Bank)Head Office, Mumbai
India
Timetable
Concept Clearance 22 Feb 2007
Fact Finding 14 May 2007 to 25 May 2007
MRM -
Approval 30 Sep 2009
Last Review Mission -
PDS Creation Date 16 Jul 2010
Last PDS Update 19 Mar 2015

TA 7358-IND

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
30 Sep 2009 20 Apr 2012 20 Apr 2012 30 Sep 2012 31 Dec 2015 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
1,550,000.00 0.00 0.00 0.00 0.00 0.00 1,550,000.00 30 Sep 2009 761,937.00
Title Document Type Document Date
Small and Medium Enterprise Trade Finance Development Facility Reports and Recommendations of the President Sep 2009

Safeguard Documents

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Evaluation Documents

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