Asian Regional Forum on Investment Management of Foreign Exchange Reserves (ADB-49298-001)

Regions
  • East Asia and Pacific
Where the impacts of the investment may be experienced.
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
Approved
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
Dec 10, 2015
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
Regional
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)
$ 0.75 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 6, 2017

Disclosed by Bank Jan 4, 2016


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Project Description
According to ADB website, the R-CDTA includes regional forums to discuss common interests on investment management of foreign exchange reserves; and a) workshops for country/sub-regional specific for DMCs with similar level of economic development and challenges; and/or b) thematic-based. ADB would also share its experience in and knowledge of investment management with DMCs, and collect feedback regarding client needs which will help ADB further strengthen its relevance in the region. The impact will be enhanced foreign exchange reserve management in DMCs. The outcome will be enhanced knowledge and understanding of DMC officials on foreign exchange reserve management strategy, frameworks, and techniques. The DMC officials and/or staff who attend the forums and/or workshops will apply what they learn in their reserve management operations.
Investment Description
  • Asian Development Bank (ADB)
Contact Information
Project Officer: Taneja, Deepak Treasury 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