41915-014: AZE: DEBT FINANCING TO BANK OF BAKU

Project Data Sheet (PDS): Overview


Description

The proposed assistance will be in the form of (i) a senior secured loan of up to $4 million and (ii) a senior secured loan of up to $2 million equivalent in Azerbaijan new manats to Bank of Baku (BOB). Read More

Country Azerbaijan
Borrower/Equity Investment Name BANK OF BAKU OPEN JSC BANK OF BAKU
Project Number 41915-014
Project Type or Modality of Assistance PS
Financing Private sector (Nonsovereign)
Status Approved
Approval Number 7258
Approval Date 01 Aug 2007
Closing Date 05 Feb 2008
Geographical Location Azerbaijan
Sector / Subsector Classification Finance
/ Banking Systems
Safeguard Categories Environment: FI
Resettlement: C
Indigenous People: C

Results Delivered

Small and medium-sized enterprise loan accounts opened or end borrowers reached (number) 57

The results data reported above are limited to ADB's core sectors, as defined under Strategy 2020 and tracked through indicators in the ADB Results Framework. For definitions of results indicators, please see the ADB Results Framework Indicators Definition.

 

 

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
Janette A. Hall
Request for information

Responsible ADB Department
Private Sector Operations Department

Responsible ADB Divisions
Capital Markets and Financial Sectors Division

Last PDS Update
20 Apr 2007

SEARCH/BROWSE PROJECTS