39930-014: AZE: PRIVATE BANKS AND LEASING COMPANIES IN AZERBAIJAN

Project Data Sheet (PDS): Overview

Description

The goal is to foster private sector development by supporting the emerging private bank sector in Azerbaijan, a transition economy, in which banking is still dominated by state-owned banks. The emerging private bank sector is critical in providing credit to private sector enterprise and such contributes to sustainable economic growth outside the oil sector and state-owned enterprise. By virtue of their small size and customer focus, the targeted banks provide mainly small and micro loans to ... Read More

Country Azerbaijan
Borrower/Equity Investment Name ACCESSBANK
Project Number 39930-014
Type or Modality of Assistance PS
Financing Private sector (Nonsovereign)
Status Approved
Approval Numbers 7229
Approval Date 30 Mar 2006
Closing Date 14 Jun 2007
Geographical Location Azerbaijan.
Sector Finance
Subsector Small and medium enterprise finance and leasing
Safeguard Categories Environment: FI
Resettlement: C
Indigenous People: C

 

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.