|Project Name||Expanding Micro, Small, and Medium Enterprise Lending Project|
|Borrower/Company||An Binh Commercial Joint Stock Bank
|Type or Modality of Assistance||
|Strategic Agendas||Inclusive economic growth
|Drivers of Change||Private sector development
|Sector / Subsector||
Finance / Small and medium enterprise finance and leasing
|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||Bracey, Pamela|
|Objectives and Scope||ABB will use the proceeds of ADB's loan to finance business loans to MSMEs in Viet Nam.|
|Linkage to Country/Regional Strategy||ADB''s Midterm Review of Strategy 2020 emphasizes ADB''s support to the financial sector by helping to develop financial infrastructure, institutions, and products and services. The proposed transaction contributes to financial sector development by supporting the growth of a financial institution, an important component of Viet Nam's financial sector. ADB''s Midterm Review of Strategy 2020 also seeks to promote inclusive growth. Without access to formal financial services, lower income or underserved segments of the population will be excluded from the growth process and its benefits. According to ADB's country partnership strategy for Viet Nam, 2016- 2020 and country operations business plan for Viet Nam, 2017 -2019, ADB's nonsovereign operations will support investments that promote more inclusive economic growth based on promoting job creation and competitiveness. The proposed transaction will support the development of MSMEs in Viet Nam, part of the inclusive economic growth objective identified in the country partnership strategy, and a high government priority.|
|Summary of Environmental and Social Aspects|
|Environmental Aspects||The transaction's potential environmental and social impacts, risks associated with the financial intermediary's existing and/or likely future portfolio, and commitment to and capacity for environmental and social management have been assessed. ABB has an existing environmental and social management system under which an exclusion list and procedures based on the loan size are applied to address projects' environmental and social risks. Prior to the disbursement of the ADB financing, the company will enhance its existing environmental and safeguards management system to comply with ADB's Safeguard Policy Statement (2009) requirements by updating its exclusion list and screening and categorization procedures.|
|Involuntary Resettlement||None, because of the small nature of investments involved. The environmental and social management system (ESMS) will provide guidance on due diligence and corrective actions in the unlikely event of any involuntary resettlement impacts.|
|Indigenous Peoples||No adverse impacts, because of the small nature of investments involved.|
|Stakeholder Communication, Participation, and Consultation||Not required. Banks have adequate processes in place that encourage participation.|
|Timetable for assistance design, processing and implementation|
|Concept Clearance||01 Aug 2017|
|Credit Committee Meeting||30 Oct 2017|
|Approval||11 Dec 2017|
|Last PDS Update||12 Jun 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.
|Title||Document Type||Document Date|
|Dự án cho vay mở rộng các doanh nghiệp siêu nhỏ, nhỏ và vừa : Bảng Dữ liệu Dự án||Translated PDS||Apr 2018|
|Expanding Micro, Small, and Medium Enterprise Lending Project: Report and Recommendation of the President||Reports and Recommendations of the President||Nov 2017|
|Expanding Micro, Small and Medium-Sized Enterprise Lending Project: Initial Poverty and Social Analysis||Initial Poverty and Social Analysis||Nov 2017|
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.
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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