The TA will support an assessment of IT system needs and preparation of a project plan related to the data needs for rural credit risks and risk management, and product development that will also fully integrate remote rural branches. The TA will also help Tianjin Rural Commercial Bank (TRCB) establish an overall rural finance business strategy to promote rural lending and expand product offerings. An institutionalization mechanism will be in place to accumulate rural finance knowledge, support ongoing staff training programs in TRCB and ultimately disseminate lessons learned to other RCBs in Tianjin Municipality and across PRC.
|Project Name||Innovations in Credit Risk Management and Financial Service Capabilities for Rural Commercial Banks in Tianjin Municipality|
|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||
Public sector management - Economic affairs management
|Gender Equity and Mainstreaming|
|Description||The TA will support an assessment of IT system needs and preparation of a project plan related to the data needs for rural credit risks and risk management, and product development that will also fully integrate remote rural branches. The TA will also help Tianjin Rural Commercial Bank (TRCB) establish an overall rural finance business strategy to promote rural lending and expand product offerings. An institutionalization mechanism will be in place to accumulate rural finance knowledge, support ongoing staff training programs in TRCB and ultimately disseminate lessons learned to other RCBs in Tianjin Municipality and across PRC.|
|Project Rationale and Linkage to Country/Regional Strategy|
|Impact||Improved growth prospects for the rural sector providing for development more in line with urban areas.|
|Description of Outcome||Increased access of rural residents and small businesses in Tianjin Municipality to finance through expanded offerings of micro and SME financial products|
|Progress Toward Outcome||The project was completed.|
|Description of Project Outputs||
International best practice assessment and preparation of new processes and an alternative strategy regarding rural credits and financial products for TRCB
Development of a systems' plan to support rural financial services
Institutionalization and dissemination of an effective rural credit risk appraisal, financial product strategy and risk management system
|Status of Implementation Progress (Outputs, Activities, and Issues)||A final report was prepared by TRCB and the project team and accepted by ADB. Training was held in September 2015 for units and branches of TRCB to cover new proposed products, services and processes. A final conference was held in September 2015 hosted at Renmin University of China and in cooperation with the Chinese Bankers Association to present the results from the project and discuss overall access to finance issues of SMEs. A study tour was planned to occur by year-end 2015 but did not occur as counterpart hosts could not be confirmed and study tour team members to participate were not finalized.|
|Summary of Environmental and Social Aspects|
|Stakeholder Communication, Participation, and Consultation|
|During Project Design||The EA and IA were both closely involved in discussing and reviewing project design.|
|During Project Implementation||The EA and IA have been regularly consulted regarding project progress. Regular missions have occurred to meet with the EA and IA.|
|Consulting Services||The TA will engage one international consultant for a total of 5 person months, and two national consultants for a total of 14 person months. A software firm with a 5 person-month equivalent will be recruited under CQS (Lump Sum) for assessment and provision of a software and hardware evaluation and upgrade plan for the rural sector to enable completion of the data requirements for the risk management system and improved overall data management.|
|Responsible ADB Officer||Giannetto, Giacomo G.|
|Responsible ADB Department||East Asia Department|
|Responsible ADB Division||Public Mgt, Financial Sector and Regional Coop Division, EARD|
Tianjin Finance Bureau
Foreign Economy Division
No. 4 Qufu Road, Heping District
Tianjin, People's Rep of China
|Concept Clearance||26 Sep 2013|
|Fact Finding||23 Jul 2013 to 23 Jul 2013|
|Approval||30 Oct 2013|
|Last Review Mission||-|
|Last PDS Update||30 Mar 2016|
|Approval||Signing Date||Effectivity Date||Closing|
|30 Oct 2013||14 Feb 2014||14 Feb 2014||31 Mar 2015||31 Dec 2015||-|
|Financing Plan/TA Utilization||Cumulative Disbursements|
|400,000.00||0.00||50,000.00||0.00||0.00||0.00||450,000.00||30 Oct 2013||347,570.13|
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.
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|Title||Document Type||Document Date|
|Innovations in Credit Risk Management and Financial Service Capabilities for Rural Commercial Banks in Tianjin Municipality||Technical Assistance Reports||Oct 2013|
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.
None currently available.
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