Original disclosure @ ADB website
Updated in EWS Jul 8, 2020
Disclosed by Bank Mar 9, 2017
Can you contribute information about this project?
Contact the EWS Team
This project funds increasing the capacity and size of the capital market by strengthening enforcement capacity, ensuring quality reporting by public companies, converting stock exchanges from use rights to shareholders, changing the debt/equity ratio of intermediaries, developing market infrastructure, introducing regulations, and developing capital industry and and markets that can easily be converted to cash.
The financing for this project is provided by:
Asian Development Bank (Loan): US$ 150 million, US$ 100 million
Technical Assistance Special Fund (Grant): US$ US$ .4 million
Republic of Korea e-Asia and Knowledge Partnership Fund (Grant): US$ .3 million
Bank and Financial Institutions Division-MOF
ACCOUNTABILITY MECHANISM OF ADB
The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main