Georgia : GEO: SENIOR LOAN TO JOINT STOCK COMMERCIAL BANK OF GEORGIA
GEO: SENIOR LOAN TO JOINT STOCK COMMERCIAL BANK OF GEORGIA
Project Details
-
Project Officer
Hartel, Rainer
Private Sector Operations Department
Request for information -
Country/Economy
Georgia -
Modality
-
Sector
- Finance
Project Name | GEO: SENIOR LOAN TO JOINT STOCK COMMERCIAL BANK OF GEORGIA | ||||
Project Number | 41920-014 | ||||
Borrower / Company | |||||
Country / Economy | Georgia |
||||
Location | |||||
Type or Modality of Assistance |
|
||||
Strategic Agendas | Inclusive economic growth |
||||
Drivers of Change | |||||
Sector / Subsector | Finance / Banking systems and nonbank financial institutions |
||||
Gender | |||||
Responsible ADB Department | Private Sector Operations Department | ||||
Responsible ADB Division | Private Sector Financial Institutions Division (PSFI) | ||||
Responsible ADB Officer | Hartel, Rainer | ||||
Project Sponsor(s) | |||||
Description | GEO: SENIOR LOAN TO JOINT STOCK COMMERCIAL BANK OF GEORGIA | ||||
Objectives and Scope | |||||
Linkage to Country/Regional Strategy | As Georgia just became an ADB member country earlier this year, ADB does not have a Country Strategy in place yet. The proposed transaction forms an integral part of ADB s move into this new market. The Georgian Government is fully supportive of ADB s involvement in the financial sector as its first intervention in the country. |
Safeguard Categories | |
---|---|
Environment | |
Involuntary Resettlement | |
Indigenous Peoples |
Summary of Environmental and Social Aspects | |
---|---|
Environmental Aspects | |
Involuntary Resettlement | |
Indigenous Peoples | |
Stakeholder Communication, Participation, and Consultation |
Timetable for assistance design, processing and implementation | |
---|---|
Concept Clearance | 10 Jul 2007 |
Credit Committee Meeting | - |
Approval | 02 Aug 2007 |
PDS Creation Date | 26 Jun 2007 |
Last PDS Update | 29 Jun 2007 |
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 Access to Information Policy (AIP) 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.
Title | Document Type | Document Date |
---|---|---|
Joint Stock Commercial Bank of Georgia | Reports and Recommendations of the President | Jul 2007 |
Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.
None currently available.
Evaluation Documents See also: Independent Evaluation
None currently available.
Related Publications
None currently available.
The Access to Information Policy (AIP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.
Requests for information may also be directed to the InfoUnit.