Project Name |
KAZ: ALLIANCE BANK |
Project Number |
40908-024 |
Borrower / Company |
ALLIANCE BANK
|
Country / Economy |
Kazakhstan
|
Location |
|
Type or Modality of Assistance |
7235/2235 |
Loan |
USD 50.00 million |
Approved |
|
Strategic Agendas |
Inclusive economic growth
|
Drivers of Change |
Private sector development
|
Sector / Subsector |
Finance /
Small and medium enterprise finance and leasing |
Gender |
|
Responsible ADB Department |
Private Sector Operations Department |
Responsible ADB Division |
Operations Coordination Division, PSOD |
Responsible ADB Officer |
Teo, Swee Lian (Cindy) |
Project Sponsor(s) |
|
Description |
KAZ: ALLIANCE BANK |
Objectives and Scope |
The main objective of this loan was to assist Alliance Bank in building its SME loan portfolio. ADB expected that with Alliance Bank's broad network of branches throughout the country, Alliance Bank would use the loan to broaden and deepen its outreach to SMEs especially those SMEs in rural areas. |
Linkage to Country/Regional Strategy |
|