Project Data Sheet (PDS): Overview


The proposed transaction has two components: (i) First, a credit guarantee to be issued in favor of investors in notes backed by diversified payment rights (DPRs) originated by KKB. The total amount of the issuance is expected to be up to $500 million, with ADB guaranteeing up to $100 million and MBIA and FGIC guaranteeing the remainder; (ii) Secondly, the provision of a senior or subordinated, unsecured Tenge denominated loan for on-lending into the Kazakh SME and corporate market. Read More

Country Kazakhstan
Borrower/Equity Investment Name KAZKOMMERTSBANK
Project Number 41902-014
Project Type or Modality of Assistance PS
Financing Private sector (Nonsovereign)
Status Approved
Approval Numbers 7249
Approval Date 22 Mar 2007
Geographical Location Kazakhstan
Sector / Subsector Classification Finance
/ 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