45907-014: Microfinance Wholesale Lending Facility

Project Data Sheet (PDS): Overview


Description

In 2004, ADB pioneered the development of a range of privately-owned and commercially sustainable microfinance institutions in the PRC, including MCCs. Despite rapid growth, the MCC market lacks bank wholesale funding for onlending. The facility will be made available to qualified local partner banks for onlending to MCCs. The facility will: (i) develop the bank s capacity to engage in wholesale lending to MCCs; (ii) strengthen MCC financial and institutional capabilities; and (iii) enhance effective regulatory oversight for the MCC market. Read More

Country China, People's Republic of
Borrower/Equity Investment Name
Project Number 45907-014
Project Type or Modality of Assistance Private Sector Loan and Equity
Financing Private sector (Nonsovereign)
Status Approved
Approval Number 7355/2855
Approval Date 28 Mar 2012
Geographical Location PRC
Sector Not yet classified
Subsector For Classification
Safeguard Categories Environment: FI
Resettlement: FI
Indigenous People: FI

 

 

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Project Data Sheets (PDS)

Translated PDS

Responsible ADB Officer
Betty Wilkinson
Request for information

Responsible ADB Department
East Asia Department

Responsible ADB Divisions
Public Mgt, Financial Sector and Regional Coop Division, EARD

PDS Creation Date
12 Apr 2012

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