Study of Financial Reform in Rural Areas of the Central Plains Economic Zone (ADB-48009-001)

Countries
  • China
Where the impacts of the investment may be experienced.
Specific Location
Henan Province
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
B
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
Sep 18, 2014
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, Finance Department Henan Province
The holder of the loan, grant, or other investment.
Sectors
  • Finance
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 Oct 30, 2017

Disclosed by Bank Sep 27, 2016


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Project Description
ADB has previously supported building an inclusive, market-oriented, rural finance system and strenthening financial supervision in rural finance. The TA is a continuation of ADB's support for the rural finance development in the People's Republic of China and for the balanced growth in agricultural areas of the Henan province. The TA will provide further assistance for the Henan provincial government in promoting development of effective and sustainable rural financial system in agricultural areas of the Central Plains Economic Zone. The impact will be more effective and sustainable rural financial services provided in the CPEZ.
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Project Officer: Kim, Ahyoung East Asia Department, ADB 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