Project Data Sheet (PDS): Overview


ADB's objectives in the proposed transaction are: 1. To develop Kazakhstan's banking and securitization market to (i) diversify funding options; (ii) procure access to longer term funds, specifically for medium-sized private sector banks; and (iii) attract a new set of investors; 2. To foster Tenge denominated corporate and SME financing; and 3. To establish a benchmark for AAA risk in the country and foster the development of the local bond market. Read More

Country Kazakhstan
Borrower/Equity Investment Name KAZKOMMERTSBANK
Project Number 41902-014
Type or Modality of Assistance PS
Financing Private sector (Nonsovereign)
Status Approved
Approval Numbers 7249
Approval Date 22 Mar 2007
Geographical Location Kazakhstan
Sector Finance
Subsector Banking Systems
Safeguard Categories Environment: FI
Resettlement: C
Indigenous People: 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.

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
Stefan Hruschka
Request for information

Responsible ADB Department
Private Sector Operations Department

Responsible ADB Divisions
Capital Markets and Financial Sectors Division

PDS Creation Date
21 Feb 2007

Last PDS Update
19 Mar 2007