fbpx 49900-001: Capacity Development for Expansion of the Trade Finance Program into the Pacific and Enhanced Safeguards and Integrity Measures for Trade Finance Program Banks | Asian Development Bank

Regional: Capacity Development for Expansion of the Trade Finance Program into the Pacific and Enhanced Safeguards and Integrity Measures for Trade Finance Program Banks

Nonsovereign (Private) Project | 49900-001 Status: Active

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 Details

Project Officer
Donna Marie G. Tupas Private Sector Operations Department Request for information
Country
  • Regional
Sector
  • Industry and trade
 
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
Project Number 49900-001
Borrower/Company
Country Regional
Location Regional
Type or Modality of Assistance
8925 Technical Assistance USD 2.74 million Proposed
8925 Technical Assistance USD 742,300 Proposed
8925 Technical Assistance USD 2.84 million Proposed
Strategic Agendas Inclusive economic growth
Regional integration
Drivers of Change Knowledge solutions
Partnerships
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
Project Sponsor(s)
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
Safeguard Categories
Environment
Involuntary Resettlement
Indigenous Peoples
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
Business Opportunities
Consulting Services

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
Concept Clearance -
Credit Committee Meeting -
Approval -
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.

Related Publications


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.

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