37164-023: Financial Sector Development Program (formerly Financial Sector & Nonbank Financial Institutions Reform Program) - Program Loan

Project Data Sheet (PDS): Overview


The FSDP aims to address the main constraints in the financial system that impede financial sector development and efficient financial intermediation. The main constraints include (i) a weak legal, regulatory, and supervisory regime; (ii) poor governance structures and inefficient operations of financial institutions; (iii) vulnerability to malpractice for lack of effective anti-money laundering (AML) and combating the financing of terrorism (CFT) regimes; (iv) the absence of national ... Read More

Country Bhutan
Project Number 37164-023
Type or Modality of Assistance Technical Assistance
Financing Public sector (Sovereign)
Status Closed
Approval Numbers TA No. 4885
Loan No. 2280
Loan No. 2279
Approval Date 07 Dec 2006
Closing Date 30 Jul 2012
ADB Financing ($ thousand) 13,250
Geographical Location Bhutan
Sector Finance
Subsector Finance sector development
Strategic Agendas Inclusive economic growth (IEG)
Safeguard Categories Environment: C
Resettlement: C
Indigenous People: C

Related Projects


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 Public Communications Policy (PCP) 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.

View the latest procurement notices for Goods, Works and Related Services, or Consulting Services.