Cambodia: Loan to ACLEDA Bank Plc for Promoting Financial Inclusion

Nonsovereign (Private) Project | 47914-014 Status: Active

Project Details

Project Officer
Doukidis, Doukas Private Sector Operations Department Request for information
  • Cambodia
  • Finance
Project Name Loan to ACLEDA Bank Plc for Promoting Financial Inclusion
Project Number 47914-014
Borrower/Company ACLEDA BANK PLC
Approval Number 7399/3104
Type of ADB Assistance / Amount
7399 Loan USD 75.00 million Committed
Strategic Agendas Inclusive economic growth
Drivers of Change Gender Equity and Mainstreaming
Private sector development
Sector / Subsector

Finance - Banking systems and nonbank financial institutions - Inclusive finance - Small and medium enterprise finance and leasing

Gender Equity and Mainstreaming Effective gender mainstreaming
Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Portfolio Management Division, PSOD
Responsible ADB Officer Doukidis, Doukas
Project Sponsor(s)
Description ADB will extend a senior loan of up to $75 million to ACLEDA Bank Plc.
Objectives and Scope
Linkage to Country/Regional Strategy The loan will complement ADB_s ongoing initiatives in the financial sector, as well as the government_s 10 year rolling financial sector development strategy for 2011_2020. The government strategy_s main goal is to develop a sound financial sector that can contribute to poverty reduction by supporting economic growth and giving lower-income people greater access to finance. ADB has been supporting government reform efforts since approving its first financial sector program for the country in 2001.
Safeguard Categories
Environment FI
Involuntary Resettlement FI-C
Indigenous Peoples FI-C
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 26 Aug 2013
Due Diligence
Credit Committee Meeting 06 Nov 2013
Approval 12 Dec 2013
PDS Creation Date 26 Feb 2014
Last PDS Update 01 Oct 2014

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.

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.

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 Public Communications Policy (PCP) 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.