Innovations in Credit Risk Management and Financial Service Capabilities for Rural Commercial Banks (ADB-46159-001)

Countries
  • China
Where the impacts of the investment may be experienced.
Specific Location
Nationwide, Tianjin
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Canceled
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Oct 30, 2013
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
People's Republic of China. Tianjin Finance Bureau
The holder of the loan, grant, or other investment.
Sectors
  • Finance
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 0.40 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Nov 4, 2017

Disclosed by Bank Mar 30, 2016


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Project Description
According to ADB website, the TA will support an assessment of IT system needs and preparation of a project plan related to the data needs for rural credit risks and risk management, and product development that will also fully integrate remote rural branches. The TA will also help Tianjin Rural Commercial Bank (TRCB) establish an overall rural finance business strategy to promote rural lending and expand product offerings. An institutionalization mechanism will be in place to accumulate rural finance knowledge, support ongoing staff training programs in TRCB and ultimately disseminate lessons learned to other RCBs in Tianjin Municipality and across PRC. The impact will be iImproved growth prospects for the rural sector providing for development more in line with urban areas.
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Project Officer: Giannetto, Giacomo G. East Asia Department No contact information provided at the time of disclosure. 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