The capacity development technical assistance will build on the results of TA 7322-PRC Component 2 to enable small rural finance institutions to establish methods for effective computerization of new rural credit data requirements. The TA will also include activities to ensure better comprehension of the data required, and its use by managers, statisticians, and local regulators. The TA involves an assessment of the current small rural financial institutions systems for accounts and loan data systems, methods of incorporating data extraction and submission in timely and cost-effective ways, proposed options for programming, training in data collection, submission and use by regulators and by managers of financial institutions, and dissemination of the results.
|Project Name||Capacity Building on Statistical Competence for County-level Financial Institutions|
|Country||China, People's Republic of|
|Project Type / Modality of Assistance||Technical Assistance
|Source of Funding / Amount||
|Strategic Agendas||Inclusive economic growth
|Drivers of Change||Governance and capacity development
|Sector / Subsector||
Finance - Finance sector development
|Gender Equity and Mainstreaming|
|Description||The capacity development technical assistance will build on the results of TA 7322-PRC Component 2 to enable small rural finance institutions to establish methods for effective computerization of new rural credit data requirements. The TA will also include activities to ensure better comprehension of the data required, and its use by managers, statisticians, and local regulators. The TA involves an assessment of the current small rural financial institutions systems for accounts and loan data systems, methods of incorporating data extraction and submission in timely and cost-effective ways, proposed options for programming, training in data collection, submission and use by regulators and by managers of financial institutions, and dissemination of the results.|
|Project Rationale and Linkage to Country/Regional Strategy|
|Impact||Improved quality, completeness, and timeliness of rural credit statistics|
|Description of Outcome||Computerization of rural credit statistics systems for small financial institutions in selected counties|
|Progress Toward Outcome||All research and field work has been completed. A final report has been prepared and a final meeting was held on 29 September 2016 with 22 participants. The closing meeting was successful and attended by 22 participants representing PBOC Division of Monetary Statistics, International Department, Monetary Policy Department, and Financial Market Department.|
|Description of Project Outputs||
1. Methodology for computerized submissions of rural credit statistics to PBC
2. Training results improved for financial institution statisticians and managers
3. An information technology (IT) framework for rural financial institutions statistical data management as a knowledge product
4. Irving Fisher Committee on Central Bank Statistics meeting, where findings will be presented
|Status of Implementation Progress (Outputs, Activities, and Issues)||
Work was completed successfully. Training of RCCs nationally was held in August 2016 using the new template for rural credit statistics. A pilot selected 5 provincial level Rural Credit Cooperatives (RCCs) as trials with different characteristics in terms of location, size of assets and number of legal entities. The trial RCCs include: Shandong RCC, Jilin RCC, Guangdong RCC, Hunan RCC and Zhejiang RCC. They each attended the closing workshop and provided comments in support of the results. Research targeted mainly nationwide RCCs and Rural Commercial Banks (RCBs) covering total of 31 provinces (including municipalities) and 33 provincial level RCCs (including RCBs). The rural statistical templates with the final reports were distributed to PBOC branches in all regions and also 10,000 institutions.
The project was completed as of 30 September 2016 and is in process of financial closing.
Summary of Environmental and Social Aspects
|Stakeholder Communication, Participation, and Consultation|
|During Project Design|
|During Project Implementation||Regular contact occurs between ADB and the EA through email and teleconferences. A review mission occurred in August 2016.|
|Consulting Services||Two individual consultants will be recruited; one international computer statistics specialist for 2 person-months, and a national credit market data specialist for 2 person-months. All consultants will be recruited in accordance with ADB's Guidelines on the Use of Consultants (2010, as amended from time to time). The terms of reference for consultants will be advertised through CSRN. All consultants' reports will be prepared and provided in English and Chinese. The consultants will maintain close working relations with the People's Bank of China and will regularly discuss project progress and findings.|
|Responsible ADB Officer||Giannetto, Giacomo G.|
|Responsible ADB Department||East Asia Department|
|Responsible ADB Division||Public Mgt, Financial Sector and Regional Coop Division, EARD|
People's Bank of China
32 Cheng Fang Street
West District, Beijing, 100800
People's Republic of China
|Concept Clearance||04 Apr 2012|
|Fact Finding||13 Feb 2012 to 16 Feb 2012|
|Approval||29 Jun 2012|
|Last Review Mission||-|
|Last PDS Update||28 Mar 2017|
|Approval||Signing Date||Effectivity Date||Closing|
|29 Jun 2012||16 Jul 2012||16 Jul 2012||31 Dec 2014||31 Dec 2016||-|
|Financing Plan/TA Utilization||Cumulative Disbursements|
|400,000.00||0.00||0.00||0.00||0.00||0.00||400,000.00||29 Jun 2012||324,161.74|
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|Title||Document Type||Document Date|
|Capacity Building on Statistical Competence for County-Level Financial Institutions||Technical Assistance Reports||Jun 2012|
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
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