33355-012: Institutional Strengthening of the Cinda Asset Management Company

Project Data Sheet (PDS): Overview

Description

The TA aims to support financial sector and SOE reforms in the PRC by developing the capability of AMCs to effectively deal with restructuring and resolution of NPLs of the SOCBs. The TA will help develop (i) Cinda AMC's role, functions, and powers for asset collection, valuation, sale and disposal, and structuring securities; (ii) a proposal for changes in Cinda AMC's organization structure and measures for strengthening its institutional capabilities; (iii) legal and regulatory framework ... Read More

Country China, People's Republic of
Project Number 33355-012
Type or Modality of Assistance Technical Assistance
Financing Public sector (Sovereign)
Status
Approval Number TA No. 3303
Approval Date 24 Nov 1999
Sector Finance
Subsector Banking Systems

 

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