35913-014: MON: INVESTMENT IN TRADE & DEVELOPMENT BANK

Project Data Sheet (PDS): Overview

Description

The objectives of the proposed investment include, (i) increased financial sector stability through bolstering the confidence in one of Mongolia's most important financial institutions and by extension in the whole sector, to be achieved through demonstrating to other potential investors and the banking public that ADB has confidence in the strategy and management of the market leader, and (ii) to open an avenue for feedback that ADB can utilize in evaluating the efficacy of past and ongoing ... Read More

Country Mongolia
Borrower/Equity Investment Name TRADE AND DEVELOPMENT BANK OF MONGOLIA
Project Number 35913-014
Type or Modality of Assistance PS
Financing Private sector (Nonsovereign)
Status Approved
Approval Numbers 7197
Approval Date 20 Apr 2004
Closing Date 31 Dec 2004
Geographical Location Ulaanbatar
Sector Finance
Subsector Banking Systems
Safeguard Categories Environment: FI

 

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