41902-014: KAZ: GUARANTEE AND LOAN: JSC KAZKOMMERTSBANK

Project Data Sheet (PDS): Overview


Description

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
Closing Date 15 Mar 2017
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.

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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

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