39008-012: Development of Asset Backed Securities Market and the Restructuring of State-owned Asset Management Companies

Project Data Sheet (PDS): Overview

Description

The TA will assist, on a pilot basis, the commercialization of asset management companies (AMCs) and market-based NPL financing by (i) helping Cinda AMC in structuring and issuance of the domestic ABS, and policy makers and financial market regulators in the establishment of a conducive policy, legal and regulatory environment for ABS market development; and (ii) developing a corporatization and restructuring plan for Cinda AMC based on sound operational, financial, and risk mitigation ... Read More

Country China, People's Republic of
Project Number 39008-012
Type or Modality of Assistance Technical Assistance
Financing Public sector (Sovereign)
Status Closed
Approval Number TA No. 4618
Approval Date 19 Jul 2005
ADB Financing ($ thousand) 1,000
Geographical Location East Asia
Sector Finance
Subsector Finance Sector Development

 

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