33359-033: Banking Sector Reform Project

Project Data Sheet (PDS): Overview


The TA Loan will foster improvements in governance of the SOCBs by introducing modern banking policies and procedures. This will be achieved by (i) resolving NPLs through a case-by-case focus on cash recovery and legal action; (ii) ensuring that new flows of credit are secured by cash flows; (iii) introducing a client-and-business orientation in banking relationships, particularly in assisting SMEs to present bankable projects; and (iv) reducing costs through better economies of scale. Read More

Country Lao People's Democratic Republic
Project Number 33359-033
Type or Modality of Assistance Loan
Financing Public sector (Sovereign)
Approval Number Loan No. 1931
Approval Date 14 Nov 2002
Closing Date 24 Nov 2010
Geographical Location Nationwide
Sector Finance
Subsector Banking Systems
Safeguard Categories Environment: C

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