Regional: Supporting Regional Capacities for Financial Asset and Liability and Risk Management

Sovereign Project | 42096-012

Summary

The TA is designed to foster the development of an effective financial framework for managing risks and resources. It aims to support participating institutions (mainly nonsovereign banking clients of ADB) in adopting international bank standards and best practices for critical banking operations.

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Project Name Supporting Regional Capacities for Financial Asset and Liability and Risk Management
Project Number 42096-012
Country Regional
Project Status Closed
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 6454-REG: Supporting Regional Capacities for Financial Asset and Liability and Risk Management
Regional Cooperation and Integration Fund US$ 320,000.00
TA 6454-REG: Supporting Regional Capacities for Financial Asset and Liability and Risk Management (Supplementary)
Regional Cooperation and Integration Fund US$ 300,000.00
TA 6454-REG: Supporting Regional Capacities for Financial Asset and Liability and Risk Management (Supplementary)
Regional Cooperation and Integration Fund US$ 220,000.00
Strategic Agendas Inclusive economic growth
Regional integration
Drivers of Change Governance and capacity development
Partnerships
Sector / Subsector

Finance - Money and capital markets

Gender Equity and Mainstreaming
Description The TA is designed to foster the development of an effective financial framework for managing risks and resources. It aims to support participating institutions (mainly nonsovereign banking clients of ADB) in adopting international bank standards and best practices for critical banking operations.
Project Rationale and Linkage to Country/Regional Strategy
Impact

Assist clients in enhancing their financial management policies, procedures and capabilities in the effective management of their assets and liabilities, including the mitigation of their financial risks in response to their rapid expansion.

Support clients in adopting international bank standards and best practices for critical banking operations with focus on asset and liability management (ALM) and risk management (RM).

Project Outcome
Description of Outcome

Support a regional platform on asset and liability management (ALM) and risk management (RM) for collaborative capacity building in the financial sector.

Support competition on equal terms by disseminating and introducing best practices and real world case studies among regional institutions.

Foster the development of an effective financial framework to manage financial risks and expand financial resources.

Progress Toward Outcome The forums facilitated cross-learning and sharing of experiences on ALM and risk management issues aimed to support the participating institutions (private sector) in adopting international standards and best practices in their ALM operations. This knowledge sharing activity encouraged participants to improve their financial policies and management of assets and liabilities and risks based on best practices and available tools, techniques and approaches.
Implementation Progress
Description of Project Outputs

Publication of articles and case studies on best practices.

Creation of an asset and liability management (ALM) and risk management (RM) discussion platform (C Cube)

Identification of a potential sponsor as the center of knowledge on regional ALM RM issues.

Status of Implementation Progress (Outputs, Activities, and Issues)

The TA has funded 4 regional workshops as follows:

First Regional Forum: 26-28 November 2008; Bangkok, Thailand

Second Regional Forum: 29-31 July 2009; Singapore

Third Regional Forum: 25-27 August 2010; Hong Kong, China

Fourth Regional Forum: 2-4 November 2011; Hong Kong, China

The Fifth Regional Forum is scheduled on 20-22 November 2012 in Singapore.

An article and a focus paper on forum outcomes were published in the ADB website following the completion of the first forum (http://www2.adb.org/Documents/Reports/Consultant/42096-REG/default.asp).

A discussion platform or c-cube was created for these forums to allow further collaboration of participants.

Constant updates on standards, norms, best practices and approaches to ALM and risk management have resulted in continued interest of participants on ADB's forum. In addition, the issues and challenges brought about by the global financial crisis and their impact on ALM are topics relevant in sustaining such interest of participating institutions. Major non-sovereign clients have regularly been actively participating in the four forums.

Geographical Location Bangkok, Thailand Singapore Hong Kong, China
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 Individual Consultants: (i) Asset and Liability Managaement (ALM) Risk Management (RM) Specialist (international, 5 6 person months on a retainer basis), and (ii) Training Workshop Coordinator (national, 5 6 person months on a retainer basis)
Responsible ADB Officer Deepak Taneja
Responsible ADB Department Treasury Department
Responsible ADB Division Financial Policy and Planning Division
Executing Agencies
Asian Development Bank6 ADB Avenue, Mandaluyong
Metro Manila, Philippines
P.O. Box 789, 1099 Manila,
Philippines
Timetable
Concept Clearance 22 Jan 2008
Fact Finding 10 Mar 2008 to 24 Mar 2008
MRM -
Approval 27 Mar 2008
Last Review Mission -
PDS Creation Date 27 Oct 2010
Last PDS Update 03 Oct 2012

TA 6454-REG

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
27 Mar 2008 - 27 Mar 2008 31 Dec 2009 31 Dec 2014 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
840,000.00 0.00 0.00 0.00 0.00 0.00 840,000.00 27 Mar 2008 839,999.96

Safeguard Documents

See also: Safeguards

No documents found.

Evaluation Documents

See also: Independent Evaluation

No documents found.


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