Validates the completion report’s assessment of the project which aims to provide sustainable microfinance services to viable formal and informal enterprises of all sectors and savings services to the population of Papua New Guinea. IED overall assessment: Successful

This study shows that ADB’s support has been relevant and responsive to the sector development needs of developing member countries. ADB support performed reasonably well at the macro level in easing regulatory and policy constraints. However, it was less than effective in market and institutional development, sustainability of microfinance operations, and outreach to the poor.

This report assesses loans and equity investments to private banks and leasing companies in Azerbaijan as well as a senior secured 5-year loan of $4 million to Bank Respublika entered into by ADB in 1996, followed in 2007 by an 8-year subordinated loan of $10 million. The main objective of the project was to strengthen the emerging private bank sector in a transition economy in which banking is still dominated by state-owned banks and to help expand the non-oil economy by financing micro and small and medium-sized enterprises (MSMEs).

Validates the completion report's assessment of the Program aimed at establishing a regulated microfinance market in Tajikistan where micro and small enterprises and poor households have access to financial products through microfinance institutions. IED overall assessment: Highly Successful.