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46925-014: PROMOTING FINANCIAL SECTOR GROWTH AND SERVICE DIVERSITY
Project Data Sheet (PDS): Overview
Description
Impact. The impacts of the investment are (i) improved access to financial services for MSMEs operating in rural regions outside the capital and (ii) enhanced resilience of Georgia s banking system. It is expected that more prudent financial intermediation by banks, with a special focus on the regions, will lead to greater consumer confidence. This will be reflected by an increase in bank deposits and loans, as well as an increase in the private credit to GDP ratio. Outcome. The outcome of t... Read More
| Country |
Georgia |
|---|---|
| Borrower/Equity Investment Name | TBC BANK |
| Project Number | 46925-014 |
| Project Type or Modality of Assistance |
Private Sector Loan and Equity |
| Financing | Private sector (Nonsovereign) |
| Status | Approved |
| Approval Number |
7379 |
| Approval Date | 14 Jan 2013 |
| Closing Date | 26 Feb 2015 |
| Geographical Location | Georgia's rural regions outside the capital, Tbilisi. |
| Sector / Subsector Classification |
Not yet classified / For Classification |
| Thematic Classification | Not yet classified |
| Safeguard Categories |
Environment: FI Resettlement: FI Indigenous People: FI |
Related News
-
18 Jan 2013 | News from Country Offices
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.
Responsible ADB Officer
Rainer Hartel
Email contact form
Responsible ADB Department
Private Sector Operations Department
Responsible ADB Divisions
PSFI
PDS Creation Date
14 Nov 2012
Last PDS Update
19 Nov 2012