The Trade Finance Program (TFP) closes market gaps for trade finance by providing guarantees and loans to partner banks to support trade. Drawing the private sector into developing countries is important to closing gaps and TFP is the biggest mobilizer of private sector financing at ADB. In addition to doing transactions TFP provides a number of 'knowledge products' which contribute to closing financing gaps. More information can be found at www.adb.org/tfp
|Project Name||Capacity Development for Expansion of the Trade Finance Program into the Pacific and Enhanced Safeguards and Integrity Measures for Trade Finance Program Banks|
|Type or Modality of Assistance||
|Strategic Agendas||Inclusive economic growth
|Drivers of Change||Knowledge solutions
Private sector development
|Sector / Subsector||
Finance / Trade finance
Industry and trade / Industry and trade sector development
|Gender Equity and Mainstreaming||Some gender elements|
|Responsible ADB Department||Private Sector Operations Department|
|Responsible ADB Division||Private Sector Financial Institutions Division|
|Responsible ADB Officer||Donna Marie G. Tupas|
|Objectives and Scope||The Trade Finance Program (TFP) closes market gaps for trade finance by providing guarantees and loans to partner banks to support trade. Drawing the private sector into developing countries is important to closing gaps and TFP is the biggest mobilizer of private sector financing at ADB. In addition to doing transactions TFP provides a number of 'knowledge products' which contribute to closing financing gaps. More information can be found at www.adb.org/tfp|
|Linkage to Country/Regional Strategy|
|Summary of Environmental and Social Aspects|
|Stakeholder Communication, Participation, and Consultation|
The TA will engage international consultants for (i) trade finance capacity development (one to two experts for up to 12 person-months), (ii) relationship management and due diligence of banks (one to two experts engaged for up to 36 person-months), (iii) safeguards in trade finance (one to two experts engaged for up to 36 person-months), and (iv) gender (one expert engaged for up to 18 person-months). The TA will further engage national consultants for (i) integrity due diligence and AML, know-your-client, and counter-terrorist financing (one expert engaged for up to 36 person-months); and (ii) an administrative assistant (one consultant engaged for up to 36 person-months). Other consultants may also be engaged as needed. The consultants will be engaged by ADB in accordance with the Guidelines on the Use of Consultants (2013, as amended from time to time). The TFP team will manage the consultants. The outline terms of reference for consultants are in Appendix 3.
ADB will be the executing agency, and its Private Sector Operations Department will administer and implement the TA. Disbursements under the TA will be made in accordance with ADB's Technical Assistance Disbursement Handbook (2010, as amended from time to time).
|Timetable for assistance design, processing and implementation|
|Credit Committee Meeting||-|
|Last PDS Update||29 Mar 2019|
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.
|Title||Document Type||Document Date|
|Trade Finance Scorecard: Regulation and Market Feedback||Papers and Briefs||Sep 2018|
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.