SME Finance and Green Finance by ADB
|
|
- Derek Sims
- 5 years ago
- Views:
Transcription
1 SME Finance and Green Finance by ADB Biao Huang Private Sector Operations Department Asian Development Bank
2 Overview Financial Sector Development and Environment are two core areas of operations under ADB s Strategy 2020 Improving access to finance by MSMEs is central to ADB s operations in financial sector development ADB to double annual climate finance to $6 billon by 2020 covering finance to governments, corporates and SMEs At ADB, regional departments and Private Sector Operation Department have complimentary products Regional departments provide sovereign loans Loan to DMC governments backed by sovereign guarantee; On-lending to SMEs through commercial banks or government agencies Example: $200 million Second Small and Medium -Sized Enterprise Development Project in Bangladesh (2015) Private Sector Operations Department undertakes non-sovereign projects Financial Institutions Division works with banks and NBFIs Infrastructure Finance Divisions directly finance infrastructure projects Investment Funds Division works with private equity funds ADB has access to a wide range of funding sources, which can be combined or blended with ADB s own funding and/or risk-sharing instruments 1
3 Value Addition of ADB s Private Sector Operations Deep regional experience in Emerging Asia ADB has successfully operated and invested in Asia s emerging markets since 1966 Extensive network on the ground in Asia ADB has over 3,000 employees in 30 offices throughout the region One-stop shop PSOD provides comprehensive financial solutions to its clients, including loans, equity, and guarantees Cofinancing capital Mobilizing significant cofinancing capital: from equity co-investors and commercial colenders to sector-specific concessional funds and ADB-administered trust funds Standard of excellence is broadly recognized ADB s AAA rating, prudent transaction underwriting, and strict environmental and social safeguard policies are highly recognized in the market; seal of endorsement that enhances the credibility and market receptivity of our clients 2
4 Products and Services from ADB s PSOD Instrument Typical Size Typical terms When is it relevant? Debt $20M--$250M 5 years (corporate) to 15+ years (project) LIBOR / ADB cost of fund in local currency + credit spread Security on capex financed Established company with large balance sheet, strong cash flow Possibility to mobilize cofinancing under B-loan or risk participation Equity $2M--$75M 25% ownership maximum Board seat Minority protection rights Put on the parent company Growing company in a pre-ipo or pretrade sale situation Guarantees Up to $400M (PRG) $20M--$250M (PCG) Small to $50M (TFP/SCF) Political risk: market based, fees based off reinsurance market Credit guarantees: market based, fees based off lenders margin TFP/SCF: short term, market based fees In frontier markets (political risk) Where other lenders are more efficient than ADB in (i) mobilizing local currency, or (ii) reaching target customers (credit guarantees) Donor Funding $5M $10M Long term loan at concessional interest rate to be blended with ADB financing First loss cover Whenever donor funds managed by ADB are available Applicable for climate adaptation projects or low-income countries Technical Assistance $0.5M $1M For project preparation TA, reimbursable at closing For capacity development TA, nonreimbursable grant For projects in need of additional, concessional financial assistance (for example, technical assistance to contract farmers) 3
5 Main Products of SME Finance and Green Finance: From ADB s Private Sector Financial Institutions Division Loan to Banks and Non-bank Financials Institutions ADB can provide funding directly to financial institutions through term loans or lines of credit earmarked for MSMEs or a portfolio of small green projects. ADB receives interest on debt financing based on the risk of the financial institution (the borrower). The proceeds of the ADB loan shall be used for onlending to MSMEs or green projects as defined in the loan agreement Direct equity investment in FIs Actively looking at equity investment opportunities in banks and NBFIs with a focus on SME finance and/or green finance Interest on Loan ADB Bank Credit Line = Bank Risk Loans Sub-Borrowers (e.g. SMEs or green projects) 4
6 Other Products: Risk-Sharing /credit guarantee ADB can provide credit guarantees and thereby share the risk of underlying projects/sub-borrowers with financial institutions. ADB receives a risk/guarantee premium based on the perceived risk of the underlying borrowers. Risk Premium ADB Bank Guarantee = Borrower Risk Loans Sub-Borrowers
7 Energy Efficiency Financing: Introduction Energy efficiency financing generally refers to buyers of energy savings solutions, borrowing money to pay energy services providers for energy savings products and services and then repaying the loans through energy savings. Energy savings solutions (such as installation of more energy efficient machinery, change of thermostats and light controls, and improved energy management) typically have short payback period. Borrowers do not incur additional negative cash flow, as debt service is generally covered by energy savings, often guaranteed by the energy services provider. Loan Banks Buyers / Borrowers Debt service = energy savings Performance Guarantee Contract / service agreement (Energy savings solutions) ESCOs Energy services companies ( ESCOs ) negotiate energy performance contracts ( Contracts ) with selected buyers of energy savings solutions. Buyers (or Borrowers ) obtain loans from banks to pay for the energy savings solutions (products and services). Borrowers make debt service payment, which is generally covered by energy savings (typically guaranteed by the ESCOs).
8 Energy Efficiency Financing Sharing the risk with ADB In a typical risk-sharing facility, ADB provides a partial credit guarantee to a Partner Bank covering 50% of the credit risk of the underlying borrowers. The guarantee could potentially be divided into several tranches to accommodate specific risk requirements of the Partner Bank, e.g. ADB could potentially take a larger share of the first 10% loss and a smaller share of the remaining 90% losses, or the guarantee could be back-ended or increase over time. Partner Bank Loan Buyers Buyers EE Borrowers Partial Credit Guarantee Performance Guarantee Contracts / Service Agreements ADB ADB provides a partial credit guarantee to Partner Banks sharing the payment risk of underlying EE Borrowers. ESCOs The guarantee can be tailored to accommodate specific requirements of partner banks
9 Recent ADB projects BAN: Loan to BRAC Bank for Sustainable Projects PRC: Loan to CFPA Microfinance Management ADB Assistance: $30m loan Borrower: BRAC Bank (BAN) Background: The 2012 Tazreen factory fire and the 2013 Rana Plaza building collapse put the global spotlight on the unsafe working conditions of Bangladesh s garment factories. Substantial finance is required for upgrading 6,000 garment factories, estimated at $250,000 $400,000 per factory. Project Outline: ADB partners with BRAC Bank to channel $30 million in loans to Accord/Alliance member factories for improving safety standards Development Impact: The ADB loan will lead to better working conditions for 22,000 female garment industry workers. Health clinics and childcare facilities will be introduced as part of the gender action plan. Date Approved: 16 Sept ADB Assistance: $50m loan Borrower: CFPA Microfinance Management (PRC) Project Outline: The loan will fund CFPAMM s collateral-free micro-finance lending in poverty-stricken counties designated by central and provincial governments. Sub-loans will be used to support micro-entrepreneurs engaged in agri-business, trade, handicraft, and services. Development Impact: Will support approximately 130,000 micro-entrepreneurs, mostly women. Date Approved: 17 May 2016 $ = US dollars $ = US dollars 8
10 Trade Finance Program (TFP) provides guarantees and loans to banks to support trade TFP s Objectives: fill market gaps deepen private sector involvement strengthen banking sector Works with over 200 banks 80+ local banks in developing Asia 150+ international banks worldwide Issues loans and guarantees within 24 hours Awards won by the TFP: 2016 Program Highlights Transactions supported (US$) $3.09 billion Cofinancing $1.77 billion Number of transactions 2,079 SMEs supported 1, $25.60 billion $15.04 billion , ,204 Number of partner banks 200+ Six most active of 20 TFP countries Armenia, Bangladesh, Mongolia, Pakistan, Sri Lanka, Viet Nam
11 Supply Chain Finance Program works with corporates and PFIs to enhance SME access to working capital Program Highlights Transactions supported $203 million Cofinancing $101 million SMEs supported $296 million $148 million
12 Thank you! Questions?
ASIAN DEVELOPMENT BANK Private Sector Operations Department. Business Opportunity Fair - Vienna November 2018
ASIAN DEVELOPMENT BANK Private Sector Operations Department Business Opportunity Fair - Vienna November 2018 Differences between Sovereign and Non-Sovereign Operations Resources, Portfolios, and Programs
More informationStatement of the Asian Development Bank s Operations in 2017
February 208 Statement of the Asian Development Bank s Operations in 207 This document is being disclosed to the public in accordance with ADB s Public Communications Policy 20. I. OVERVIEW OF OPERATIONS.
More informationOur Expertise. IFC blends investment with advice and resource mobilization to help the private sector advance development.
Our Expertise IFC blends investment with advice and resource mobilization to help the private sector advance development. 76 IFC ANNUAL REPORT 2016 Where We Work As the largest global development institution
More informationTrade Finance Program. Steven Beck Head of Trade Finance
Trade Finance Program Steven Beck Head of Trade Finance TFP and Its Objectives ADB s Trade Finance Program (TFP) provides guarantees and loans through banks to support trade. over 200 partner banks guarantees
More informationOur Expertise. IFC blends investment with advice and resource mobilization to help the private sector advance development.
Our Expertise IFC blends investment with advice and resource mobilization to help the private sector advance development. Where We Work As the largest global development institution focused on the private
More informationINTRODUCTION TO CLIMATE FINANCE INSTRUMENTS FOR GREEN BANKING. SUBHI SHAMA Colombo, 2017
INTRODUCTION TO CLIMATE FINANCE INSTRUMENTS FOR GREEN BANKING SUBHI SHAMA Colombo, 2017 SCALE OF THE GLOBAL CHALLENGE By 2020, about $5.7 trillion will need to be invested annually in green infrastructure,
More informationSECTOR ASSESSMENT (SUMMARY): FINANCE (SMALL AND MEDIUM-SIZED ENTERPRISES FINANCING) 1. Sector Performance, Problems, and Opportunities
Additional Financing of Small and Medium-Sized Enterprises Line of Credit Project (RRP SRI 49273-002) SECTOR ASSESSMENT (SUMMARY): FINANCE (SMALL AND MEDIUM-SIZED ENTERPRISES FINANCING) 1. Sector Performance,
More informationAsia Clean Energy Forum Sustainable Fiscal Instruments Session
in Asia* Asia Clean Energy Forum Sustainable Fiscal Instruments Session June 8, 07 Beth Adler Senior Investment Officer USAID/Development Credit Authority In some countries there remains substantial untapped
More informationPARTICIPATING FINANCIAL INSTITUTIONS AND SMALL AND MEDIUM- SIZED ENTERPRISE SURVEYS
PARTICIPATING FINANCIAL INSTITUTIONS AND SMALL AND MEDIUM- SIZED ENTERPRISE SURVEYS A. Description of the Survey 1. Purpose of the surveys. The Independent Evaluation Department (IED) evaluation team for
More informationEstablishment of the Leading Asia s Private Sector Infrastructure Fund
March 2016 Establishment of the Leading Asia s Private Sector Infrastructure Fund This document is being disclosed to the public prior to Board consideration in accordance with ADB s Public Communications
More informationProject Number: {April 2017} Establishment of the Canadian Climate Fund for the Private Sector in Asia II
Project Number: 26194 {April 2017} Establishment of the Canadian Climate Fund for the Private Sector in Asia II CURRENCY EQUIVALENTS (as of 24 March 2017) Currency Unit Canadian Dollar (CAD) CAD1.00 =
More informationMARKET-BASED PROJECT COFINANCING
Distribution: Restricted EB 2000/71/R.10 1 November 2000 Original: English Agenda Item 6 English IFAD Executive Board Seventy-First Session Rome, 6-7 December 2000 MARKET-BASED PROJECT COFINANCING I. INTRODUCTION
More informationFROM BILLIONS TO TRILLIONS: TRANSFORMING DEVELOPMENT FINANCE POST-2015 FINANCING FOR DEVELOPMENT: MULTILATERAL DEVELOPMENT FINANCE
DEVELOPMENT COMMITTEE (Joint Ministerial Committee of the Boards of Governors of the Bank and the Fund on the Transfer of Real Resources to Developing Countries) DC2015-0002 April 2, 2015 FROM BILLIONS
More informationINFRASTRUCTURE NEEDS
INFRASTRUCTURE NEEDS Key messages Developing Asia needs $26 trillion (in 2015 prices), or $1.7 trillion per year, for infrastructure investment in 2016-2030 Without climate change mitigation and adaptation,
More information2017 Case Studies: Infrastructure
2017 Case Studies: Infrastructure REG: ASEAN Distributed Power (Phase 1 and Phase 2) Engineers inspecting a wind turbine installation Client: B. Grimm Power Public Company Limited (B. Grimm) ADB Assistance:
More informationFAST Report. Senior Unsecured Loan Bai Tushum Bank Broadening Access to Finance (Kyrgyz Republic) Project Number: June 2015
FAST Report Project Number: 48348-001 June 2015 Senior Unsecured Loan Bai Tushum Bank Broadening Access to Finance (Kyrgyz Republic) This is a redacted version of the document that excludes information
More informationReport and Recommendation of the President to the Board of Directors
Report and Recommendation of the President to the Board of Directors Project Number: 49207-001 November 2015 Proposed Equity Investment and Loan RBL Bank Supporting Financial Inclusion Project (India)
More informationHORIZON 2020 W E L C O M E. Programme Committee for specific programme. SMEs & Access to Risk Finance. in configuration
HORIZON 2020 Programme Committee for specific programme in configuration SMEs & Access to Risk Finance 11 th meeting Brussels, 8 June 2016 W E L C O M E EBRD Action 14 in ARF WP 2016-2017 Draft Components
More informationSupporting Clean Energy Finance in the Asia Pacific Region
Supporting Clean Energy Finance in the Asia Pacific Region Innovative Energy Financing CSD 15 Learning Center 1 May 2007 Martin Endelman Principal Guarantees and Syndications specialist Office of Cofinancing
More information2 Day Program on SME Credit: Lending and Financial Analysis
2 Day Program on SME Credit: Lending and Financial Analysis Venue: Radisson Blu Residence Dubai Marina, Dubai (UAE) Dates: 22-23 November 2017 Delivery Type: Group Live Duration: 2 Days Non-residential
More informationRegional update: trends and issues in Asian development cooperation
Regional update: trends and issues in Asian development cooperation Yasuyuki Sawada Chief Economist and Director General Economic Research and Regional Cooperation Department Asian Development Bank Australasian
More information2016 Annual Portfolio Performance Report
May 2017 2016 Annual Portfolio Performance Report This is a redacted version of the document that excludes information that is subject to exceptions to disclosure set forth in ADB's Public Communications
More informationReport and Recommendation of the President to the Board of Directors
Report and Recommendation of the President to the Board of Directors Project Number: 49432-001 April 2016 Proposed Loan CFPA Microfinance Management Microfinance in Poverty-Stricken Counties (People s
More informationFinancing Sustainable Infrastructure In Asia. Fei Yu Deputy Representative Asian Development Bank North American Representative Office
Financing Sustainable Infrastructure In Asia Fei Yu Deputy Representative Asian Development Bank North American Representative Office Agenda The Asia Scene The sustainable infrastructure gap The current
More informationEstablishment of the High-Level Technology Fund
April 2017 Establishment of the High-Level Technology Fund Distribution of this document is restricted until it has been approved by Management. Following such approval, ADB will disclose the document
More informationFiscal policy for inclusive growth in Asia
Fiscal policy for inclusive growth in Asia Dr. Donghyun Park, Principal Economist Economics and Research Department, Asian Development Bank PRI-IMF-ADBI Tokyo Fiscal Forum on Fiscal Policy toward Long-Term
More informationInfrastructure Financing Challenges in Southeast Asia
Infrastructure Financing Challenges in Southeast Asia Alfredo Perdiguero Director, Regional Cooperation and Coordination Division Southeast Asia Department Asian Development Bank Policy Dialogue on Infrastructure
More informationWhy is Financial Education Needed in Asia?
Why is Financial Education Needed in Asia? Naoyuki Yoshino, Dean Ganeshan Wignaraja, Director of Research Peter J. Morgan, Senior Consultant for Research Asian Development Bank Institute ADBI-Japan-OECD
More informationDISASTER RISK FINANCING ADB Operational Innovations in South Asia
DISASTER RISK FINANCING ADB Operational Innovations in South Asia Erik Kjaergaard, Disaster Risk Management Specialist South Asia Department with input from Mayumi Ozaki, Senior Portfolio Management Specialist
More informationLeveraging Private Investment for Climate-Related Activities. CCXG Global Forum, OECD
Leveraging Private Investment for Climate-Related Activities CCXG Global Forum, OECD Alan Miller 26 September 2012 ACCELERATING CLIMATE FRIENDLY INVESTMENTS IS A COMPLEX PROBLEM.. 2 .FINANCE IS ONLY ONE
More informationAnnual Report on the 2016 Country Performance Assessment Exercise
December 2016 Annual Report on the 2016 Country Performance Assessment Exercise This document is being disclosed to the public in accordance with ADB s Public Communications Policy 2011. ABBREVIATIONS
More informationFINANCIAL DUE DILIGENCE OF CANDIDATE PARTICIPATING FINANCIAL INSTITUTIONS (PFIs)
Second Small and Medium-Sized Enterprise Development Project (RRP BAN 36200) FINANCIAL DUE DILIGENCE OF CANDIDATE PARTICIPATING FINANCIAL INSTITUTIONS (PFIs) A. Bangladesh Bank Credit Rating of Selected
More informationMultitranche Financing Facility Annual Report 2017
May 2018 Multitranche Financing Facility Annual Report 2017 This document is being disclosed to the public in accordance with ADB s Public Communications Policy 2011. ABBREVIATIONS ADB Asian Development
More informationEstablishing Sound Microinsurance Markets in Asia and the Pacific
Technical Assistance Report Project Number: 46202-001 Regional Capacity Development Technical Assistance (R-CDTA) December 2013 Establishing Sound Microinsurance Markets in Asia and the Pacific The views
More informationThe role of the private sector in EU development policy
The role of the private sector in EU development policy Seminar "Private Sector Development in EU External Action Programmes" Antti Karhunen, Head of Unit "Private framework development, trade and regional
More informationand the Global SME Finance Facility Presenter
Lunchtime Session - B Blended Presentation Finance Title at IFC and the Global SME Finance Facility Presenter Moderator Affiliation Anita Bhatia Presenters Christian Grossmann Wendy Teleki May 15-16, 2012
More informationSession 1: SME financing in Asia and the Pacific and Latin America An overview. SME financing in Asia and the Pacific An introduction to the workshop
Session 1: SME financing in Asia and the Pacific and Latin America An overview SME financing in Asia and the Pacific An introduction to the workshop A presentation by Alberto Isgut, Financing for Development
More informationSupply of and Demand for Financial Products
Chapter 2 Supply of and Demand for Financial Products 2.1 Payment and Transaction Products Payment and transaction products play key roles in smoothing retail banking and settling payment obligations in
More informationIFC STRATEGY AND CAPITAL INCREASE. June 26, 2018
IFC STRATEGY AND CAPITAL INCREASE June 26, 2018 Global Context: Meeting Development Goals Requires Increased Financing and Managing Global Risks in a Changing Landscape More than 3 million new jobs are
More informationScaling up Climate Finance (Improving The Impact Of Our Interventions)
Scaling up Climate Finance (Improving The Impact Of Our Interventions) 27 January, 2017 *: FY13-15 Overview & IFC s Strategy Climate Change Is threatening our developmental gains in South Asia Source:
More informationUpdate on the design of the Smallholder and Small and Medium-Sized Enterprise Investment Finance Fund (SIF) at IFAD
Document: EB 2017/120/R.26 Agenda: 21 Date: 28 March 2017 Distribution: Public Original: English E Update on the design of the Smallholder and Small and Medium-Sized Enterprise Investment Finance Fund
More informationSECTOR ASSESSMENT (SUMMARY): FINANCE 1
Country Partnership Strategy: Pakistan, 2015 2019 SECTOR ASSESSMENT (SUMMARY): FINANCE 1 1. Sector Performance, Issues and Opportunities 1. Financial sector participants. Pakistan s financial sector is
More informationTHE KERING GROUP IFC, a Member of the World Bank Group Provides investment, advice, resource mobilization Over $100 billion invested in emerging markets since 1956 AAA credit rating; nearly 60-year
More informationADB s New Health Sector. Dr. Susann Roth, Senior Social Development Specialist
ADB s New Health Sector Dr. Susann Roth, Senior Social Development Specialist September 2015 Outline 1. ADB s approach 2. Ongoing innovations 3. Expanding investment frontiers 4. Opportunities for collaboration
More informationCredit Supplementation Institutions: Going beyond Guarantee for SMEs
27 th ATP 2017 in Kuala Lumpur, Malaysia Credit Supplementation Institutions: Going beyond Guarantee for SMEs Regional Development Department About Sri Lanka Commercial Capital: Colombo Capital: Sri Jayawardhanapura
More informationFinancing for Sustainable Urbanization
Place Date here Financing for Sustainable Urbanization Rana Hasan* Asian Development Bank The 4th Asian Think Tank Development Forum New Delhi, India October 27 2016 This presentation has benefited from
More informationOPERATIONS MANUAL BANK POLICIES (BP) These policies were prepared for use by ADB staff and are not necessarily a complete treatment of the subject.
Page 1 of 1 OPERATIONS MANUAL BANK POLICIES (BP) These policies were prepared for use by ADB staff and are not necessarily a complete treatment of the subject. A. Introduction FINANCIAL INTERMEDIATION
More informationReport and Recommendation of the President to the Board of Directors
Report and Recommendation of the President to the Board of Directors Project Number: 49267-001 October 2016 Proposed Equity Investment VI (Vietnam Investments) Fund III, L.P. (Regional) This is an abbreviated
More informationFROM BILLIONS TO TRILLIONS:
98023 FROM BILLIONS TO TRILLIONS: MDB Contributions to Financing for Development In 2015, the international community is due to agree on a new set of comprehensive and universal sustainable development
More informationCountry Operations Business Plan. Fiji October 2016
1 Country Operations Business Plan October 2016 Fiji 2017 2019 This document is being disclosed to the public in accordance with ADB's Public Communications Policy 2011. CURRENCY EQUIVALENTS (as of 29
More informationMIX Asia 100. Ranking of Microfinance Institutions. Microfinance Information exchange
2007 MIX Asia 100 Ranking of Microfinance Institutions Microfinance Information exchange Size (Borrowers) Table 7: Growth Rates by Size 2006 Borrowers 2005 Borrowers Growth (%) > 1 million
More informationSECTOR ASSESSMENT (SUMMARY): FINANCE (CAPITAL MARKET) 1. Sector Performance, Problems, and Opportunities 1
Capital Market Development Program (RRP SRI 49365) Sector Road Map SECTOR ASSESSMENT (SUMMARY): FINANCE (CAPITAL MARKET) 1. Sector Performance, Problems, and Opportunities 1 1. Market development. From
More informationUsing public funds to leverage financing for projects
Using public funds to leverage financing for projects Mustafa Zakir Hussain Senior Infrastructure Finance Specialist SDN-TWI-Financial Solutions Group October 9, 2012 Public funds are limited yet needs
More informationReport and Recommendation of the President to the Board of Directors
Report and Recommendation of the President to the Board of Directors Project Number: 49076-005 October 2016 Proposed Loan and Administration of Technical Assistance Grant Damu Entrepreneurship Development
More informationLessons learned from implementing Microfinance in a post-tsunami environment SRI LANKA. Dr. Dirk Steinwand
Lessons learned from implementing Microfinance in a post-tsunami environment SRI LANKA Dr. Dirk Steinwand Microfinance in South Asia Today and Tomorrow December 5-7, 2005, New Dehli Pre-Tsunami MF landscape
More informationPiloting Results-Based Lending for Programs. Asian Development Bank 2014
Piloting Results-Based Lending for Programs Asian Development Bank 2014 Outline 1. Why RBL 2. Defining RBL 3. Defining and Assessing Programs 4. Questions 2 Supporting Development Effectiveness Measurable
More informationAsian Development Bank
Asian Development Bank FIGHTING POVERTY IN ASIA AND THE PACIFIC Bretton Woods: Multilateral Roundtable Discussion by Thierry de Longuemar Vice President for Finance and Risk Management 15 February 2013
More informationReport and Recommendation of the President to the Board of Directors
Report and Recommendation of the President to the Board of Directors Project Number: 47934 June 2014 Proposed Senior Loan Khan Bank Supporting Micro, Small, and Medium-Sized Enterprises (Mongolia) This
More informationIs finance a binding constraint for SME participation in trade?
Is finance a binding constraint for SME participation in trade? Evidence from 8,080 Asian Firms Ganeshan Wignaraja and Yothin Jinjarak Director of Research and Research Fellow, ADBI January 2014 1 Structure
More informationSpecial Report N0: Link between the financial inclusion and Economic Growth: Unconventional Monetary Policy in Bangladesh
Special Report N0: 1502 Link between the financial inclusion and Economic Growth: Unconventional Monetary Policy in Bangladesh By Dr. Sayera Younus, Deputy General Manager, Monetary Policy Department Bangladesh
More informationPublic-Private Partnership Monitor Key Trends and Findings
Office of Public Private Partnership Public-Private Partnership Monitor Key Trends and Findings 23 November 2017 PPP Monitor Benefits and Key Findings PPP Monitor The PPP Monitor tracks the development
More informationAgribusiness & Forestry
Annual Report 2013 Agribusiness has an important role to play in poverty reduction. The agricultural sector often accounts for at least half of GDP and employment in many developing countries, which makes
More information2018/SMEWG/DIA/008 National Financial Inclusion Strategy
2018/SMEWG/DIA/008 National Financial Inclusion Strategy 2016-2020 Submitted by: Centre for Excellence in Financial Inclusion Policy Dialogue on Micro, Small and Medium Enterprises Internationalization
More informationEvaluation. Boosting ADB s Mobilization Capacity: The Role of Credit Enhancement Products. Corporate. Evaluation. Independent
Corporate Evaluation Boosting ADB s Mobilization Capacity: The Role of Credit Enhancement Products Independent Evaluation Raising development impact through evaluation Corporate Evaluation June 2017 Boosting
More informationCambodia: Rural Credit and Savings Project
Project Validation Report Reference Number: CAM 2008-06 Project Number: 30327 Loan Number: 1741 July 2008 Cambodia: Rural Credit and Savings Project Operations Evaluation Department ABBREVIATIONS ADB Asian
More informationPhilippines: Small and Medium Enterprise Development Support Project
Validation Report Reference Number: PCV: PHI 2011 28 Project Number: 36419 Loan Number: 2186 October 2011 Philippines: Small and Medium Enterprise Development Support Project Independent Evaluation Department
More informationSummary Document. Low carbon transition in the energy efficiency sector. Vietnam
Ministry of Industry and Trade (MOIT), Vietnam Ministry of Construction (MOC), Vietnam Ministry of Foreign Affairs, (Danida), Denmark Ministry of Climate, Energy and Buildings (MCEB), Denmark Summary Document
More informationManagement s Discussion and Analysis and Annual Financial Statements
Management s Discussion and Analysis and Annual Financial Statements 31 December 2015 Asian Development Bank CONTENTS Management s Discussion and Analysis I. Overview 1 II. Combination of OCR and ADF
More informationReport and Recommendation of the President to the Board of Directors
Report and Recommendation of the President to the Board of Directors Project Number: 42007-018 June 2016 Proposed Loan and Administration of Technical Assistance Grant Republic of Uzbekistan: Small Business
More informationThe 2015 Social Protection Indicator Results for Asia Sri Wening Handayani ADB Principal Social Development Specialist
The 2015 Social Protection Indicator Results for Asia Sri Wening Handayani ADB Principal Social Development Specialist The views expressed in this presentation are those of the author and do not necessarily
More informationIn Support of Bangladesh s Sustainable LDC Graduation
In Support of Bangladesh s Sustainable LDC Graduation Session 3: Forging Partnerships for Sustainable Graduation Christian Eigen-Zucchi The World Bank November 29, 2017 1 Outline Distinguishing LDC vs.
More informationResponsible Investment Solutions
Responsible Investment Solutions For professional investors only Responsible Investment Solutions Investing responsibly At BMO Global Asset Management, we recognise the important role that environmental,
More informationReview of ADB s Lending Instruments for Crisis Response
Policy Paper June 2016 Review of ADB s Lending Instruments for Crisis Response Distribution of this document is restricted until it has been approved by the Board of Directors. Following such approval,
More informationADB as a Responsible Development Partner: The India Infrastructure Finance Company Limited (IIFCL) Case Study
ADB as a Responsible Development Partner: The India Infrastructure Finance Company Limited (IIFCL) Case Study Bruno Carrasco Director South Asia Public Management, Financial Sector and Trade Division Asian
More informationGender Issues in SME Finance: Philippines
2011/GFPN/WKSP/023 Session 7 Gender Issues in SME Finance: Philippines Submitted by: Philippines Workshop on Microfinance Best Practices Ha Noi, Viet Nam 7-8 April 2011 Gender Issues in SME Finance: Philippines
More informationCLIMATE INVESTMENT FUNDS
CLIMATE INVESTMENT FUNDS CTF/TFC.1/4 November 03, 2008 First Meeting of the CTF Trust Fund Committee Washington, D.C. November 17-18, 2008 CLEAN TECHNOLOGY FUND FINANCING PRODUCTS, TERMS, AND REVIEW PROCEDURES
More informationAl-Amal Microfinance Bank
Impact Brief Series, Issue 1 Al-Amal Microfinance Bank Yemen The Taqeem ( evaluation in Arabic) Initiative is a technical cooperation programme of the International Labour Organization and regional partners
More informationBringing the Poor into the Export Process: Is Access to Finance the Trigger?
Bringing the Poor into the Export Process: Is Access to Finance the Trigger? A paper contributed by the EPRP Team and Vincent Akue BRINGING THE POOR INTO THE EXPORT PROCESS: IS ACCESS TO FINANCE THE TRIGGER?
More information2015 Annual Portfolio Performance Report
April 2016 2015 Annual Portfolio Performance Report This is a redacted version of the document that excludes information that is subject to exceptions to disclosure set forth in ADB's Public Communications
More informationSupporting Resilience of Micro, Small, and Medium-Sized Enterprises Finance Project (RRP KAZ 49076) FINANCIAL ANALYSIS
Supporting Resilience of Micro, Small, and Medium-Sized Enterprises Finance Project (RRP KAZ 49076) FINANCIAL ANALYSIS A. Selection Criteria for Participating Financial Institutions 1. The participating
More informationIFC ANNUAL REPORT Table of Contents
Table of Contents RESULTS BY REGION... 2 East Asia and the Pacific... 3 Europe and Central Asia... 5 Latin America and the Caribbean... 7 Middle East and North Africa... 9 South Asia... 11 Sub-Saharan
More informationADB Private Sector Operations. Walter Poick Director, Procurement Division 2 East Asia, Southeast Asia and Pacific Operations Asian Development Bank
ADB Private Sector Operations Walter Poick Director, Procurement Division 2 East Asia, Southeast Asia and Pacific Operations Asian Development Bank Contents About PSOD PSOD Activities and Impacts Opportunities
More informationScaling up Climate Change Finance Barriers, Options and the Private Sector
Scaling up Climate Change Finance Barriers, Options and the Private Sector Clean Energy Finance Workshop, June 28, Ankara, Turkey Martin Dasek Sustainability and Climate Business, EMENA Coordinator IFC,
More informationSOCIAL PROTECTION: ROLE OF MICRO FINANCE. A.R. Kemal
SOCIAL PROTECTION: ROLE OF MICRO FINANCE A.R. Kemal Social Safety Nets Because of the rising unemployment and poverty levels the Social safety nets have assumed great significance. They are required for
More informationDeep and Comprehensive Free Trade Area (DCFTA) Initiative East
Deep and Comprehensive Free Trade Area (DCFTA) Initiative East Chisinau 4 July 2017 European Investment Bank European Investment Fund 1 DCFTA Initiative East Deep and Comprehensive Free Trade Area (DCFTA)
More informationFinancial Deepening & Development
Financial Deepening & Development Pakistan Development Forum April 26, 2007 Zubyr Soomro Country Officer & MD, Citibank N.A., Pakistan Case Study- Anopo from Thar 3 micro loans taken over 3 years helped
More informationStrengthening Capacity of Developing Member Countries for Managing Credit Enhancement Products
Strengthening Capacity of Developing Member Countries for Managing Credit Enhancement Products Main Report August 2011 Strengthening Capacity of Developing Member Countries for Managing Credit Enhancement
More informationPrivate Sector Facility: Working with Local Private Entities, Including Small and Medium-Sized Enterprises
Private Sector Facility: Working with Local Private Entities, Including Small and Medium-Sized Enterprises GCF/B.09/12 5 March 2015 Meeting of the Board 24-26 March 2015 Songdo, Republic of Korea Agenda
More informationMEETING ASIA S INFRASTRUCTURE NEEDS HIGHLIGHTS ASIAN DEVELOPMENT BANK
MEETING ASIA S INFRASTRUCTURE NEEDS HIGHLIGHTS ASIAN DEVELOPMENT BANK MEETING ASIA S INFRASTRUCTURE NEEDS HIGHLIGHTS ASIAN DEVELOPMENT BANK Creative Commons Attribution 3.0 IGO license (CC BY 3.0 IGO)
More informationStrategies and approaches for long-term climate finance
Strategies and approaches for long-term climate finance Canada is pleased to respond to the invitation contained in decision 3/CP.19, paragraph 10, to prepare biennial submissions on strategies and approaches
More informationDEMYSTIFYING PRIVATE ADAPTATION FINANCE*
DEMYSTIFYING PRIVATE ADAPTATION FINANCE* 11. May 2016 * L. Druce, C. Gruening, U. Moslener, P. Pauw and R. Connell Adaptation as Exogenous Structural Change ECONOMY private actors Adaptation related activities:
More information2017 Annual Portfolio Performance Report
April 2018 2017 Annual Portfolio Performance Report This is a redacted version of the document that excludes information that is subject to exceptions to disclosure set forth in ADB's Public Communications
More informationPolicy Paper. June Mainstreaming the Multitranche Financing Facility
Policy Paper June 2008 Mainstreaming the Multitranche Financing Facility ABBREVIATIONS ADB Asian Development Bank ADF Asian Development Fund CPS country partnership strategy DMC developing member country
More informationAre Pakistan s Women Entrepreneurs Being Served by the Microfinance Sector?
Are Pakistan s Women Entrepreneurs Being Served by the Microfinance Sector? Mehnaz Safavian, South Asia Finance and Private Sector The World Bank Group April 23rd, 2013 Are Pakistan s Women Entrepreneurs
More informationFinancing NAMAs Experiences and Expertise of KC FSE
Financing NAMAs Experiences and Expertise of KC FSE Christian Königsperger, Christoph Schroer and Simone Dettling GIZ Financial Sector Development Bonn, 26.08.2014 Seite 1 Purpose of the NAMA Financial
More informationFinancing Energy Efficiency Projects for SMEs
Financing Energy Efficiency Projects for SMEs UNEP Workshop: Corporate Social Responsibility & Sustainable reporting Mumbai, Tuesday the 5 th December 2006 1 SMEs In India Industries with investment upto
More informationThe goals to Access / Financial Inclusion 2020 Briefing for World Bank Group President Dr. Jim Yong Kim Terence Gallagher Senior Specialist in Micro
The goals to Access / Financial Inclusion 2020 Briefing for World Bank Group President Dr. Jim Yong Kim Terence Gallagher Senior Specialist in Micro and Small Enterprise Finance Financial Institutions
More informationCompletion Report. Project Number: Loan Number: 2186 October Philippines: Small and Medium Enterprise Development Support Project
Completion Report Project Number: 36419 Loan Number: 2186 October 2010 Philippines: Small and Medium Enterprise Development Support Project CURRENCY EQUIVALENTS Currency Unit peso (P) At Appraisal At Program
More informationAgriculture and SME Finance
Chapter9 9.1 Bangladesh is on course for middle income country status and its agriculture sector has continued to play a significant role by providing the largest share of employment in the country. Growth
More informationEx post evaluation Pakistan
Ex post evaluation Pakistan Sector: Informal/semi-formal financial intermediaries (CRS 24040) Project: A. Microfinancing programme (THB) (BMZ No. 2008 66 541)* B. Microfinancing programme (THB subordinated
More information