Original disclosure @ ADB website
Updated in EWS Jun 25, 2020
Disclosed by Bank Sep 7, 2018
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According to the ADB website, "The project would provide long-term financing that would directly fund $50 million of subloans to micro and small enterprises outside of Colombo and be structured to provide the regulatory capital that would leverage an additional $533 million of lending."
Responsible ADB Officer Lambert, Donald J.
Responsible ADB Department South Asia Department
Responsible ADB Division Public Management, Financial Sector and Trade Division, SARD
Ministry of Finance (Financial Mgmt. Resource Ctr) Financial Management Training Project
PO Box 529 No. 355-3/1, Olcott Mawatha, Colombo 10, Sri Lanka
Ministry of Finance and Mass Media
The Secretariat Building Colombo 01 Sri Lanka
Ministry of Public Enterprise and Kandy Development
7th Floor West Tower and 36th Floor East Tower,
World Trade Centre, Echelon Square, Colombo 01
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