Regional : Promoting Capacity Building in Financial Institutions in Emerging Countries in Southeast Asia and the Pacific

Nonsovereign Project | 48912-001

Project Name Promoting Capacity Building in Financial Institutions in Emerging Countries in Southeast Asia and the Pacific
Project Number 48912-001
Borrower / Company
Country / Economy Regional
Location Regional
Type or Modality of Assistance
TA 8807-REG: REG: Capacity Building for Financial Institutions in Southeast Asia & the Pacific Islands (R-CDTA)
Technical Assistance Special Fund US$ 750,000.00
Strategic Agendas Environmentally sustainable growth
Inclusive economic growth
Regional integration
Drivers of Change Governance and capacity development
Knowledge solutions
Partnerships
Sector / Subsector

Finance / Finance sector development

Gender No gender elements
Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Private Sector Financial Institutions Division
Responsible ADB Officer Spohn, Sabine T.E.
Project Sponsor(s)
Description
Objectives and Scope Strengthening the financial sector by helping to develop financial institutions, infrastructure, and products and services is a key component of Strategy 2020. Through such initiatives, the Asian Development Bank (ADB) can support inclusive economic growth, stimulated by private sector investment, which can be a key contributing factor in reducing poverty. Technical assistance (TA) is an important value addition that ADB can provide to leverage its nonsovereign funding, and is a development tool that is used frequently and successfully by bilateral and multilateral development banks in combination with private sector lending. For the financial sector, for instance, TA can be used to help financial institutions develop or test new products that they would normally not undertake, which can widen access to finance for underserved customer segments. TA can also be used to encourage financial institutions to improve corporate governance or anti-money laundering (AML) standards beyond local requirements.
Linkage to Country/Regional Strategy
Safeguard Categories
Environment
Involuntary Resettlement
Indigenous Peoples
Summary of Environmental and Social Aspects
Environmental Aspects FI
Involuntary Resettlement FI
Indigenous Peoples FI
Stakeholder Communication, Participation, and Consultation
Timetable for assistance design, processing and implementation
Concept Clearance -
Credit Committee Meeting -
Approval -
Last PDS Update 06 Jun 2022

TA 8807-REG

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
12 Dec 2014 - 12 Dec 2014 12 Dec 2017 31 Dec 2023 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
750,000.00 0.00 0.00 0.00 0.00 0.00 750,000.00 09 Mar 2023 591,067.66

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.


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.