Kazakhstan: KAZ: BANK TURANALEM
ADB's objective in the proposed transaction is to assist Bank TuranAlem in growing its SME and retail loan portfolios by providing part of the needed debt funding and in turn assist the Government of Kazakhstan in its efforts to steer the Kazakh economy towards a more sustainable SME-led growth and to diversify from the dominance and dependence on natural resources industries.
Project Details
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Project Officer
ADB Disclosure
Private Sector Operations Department
Request for information -
Country/Economy
Kazakhstan -
Sector
- Finance
Related Projects
| Project Name | KAZ: BANK TURANALEM | ||||
| Project Number | 40908-014 | ||||
| Borrower / Company | |||||
| Country / Economy | Kazakhstan |
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| Location | Almaty | ||||
| Type or Modality of Assistance |
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| Strategic Agendas | |||||
| Drivers of Change | |||||
| Sector / Subsector | Finance / Banking systems and nonbank financial institutions |
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| Gender Equity and Mainstreaming | |||||
| Responsible ADB Department | Private Sector Operations Department | ||||
| Responsible ADB Division | Capital Markets and Financial Sectors Division | ||||
| Responsible ADB Officer | ADB Disclosure | ||||
| Project Sponsor(s) | |||||
| Description | ADB's objective in the proposed transaction is to assist Bank TuranAlem in growing its SME and retail loan portfolios by providing part of the needed debt funding and in turn assist the Government of Kazakhstan in its efforts to steer the Kazakh economy towards a more sustainable SME-led growth and to diversify from the dominance and dependence on natural resources industries. | ||||
| Objectives and Scope | |||||
| Linkage to Country/Regional Strategy |
| Safeguard Categories | |
|---|---|
| Environment | FI |
| Involuntary Resettlement | C |
| Indigenous Peoples | C |
| Summary of Environmental and Social Aspects | |
|---|---|
| Environmental Aspects | |
| Involuntary Resettlement | |
| Indigenous Peoples | |
| Stakeholder Communication, Participation, and Consultation | |
| Timetable for assistance design, processing and implementation | |
|---|---|
| Concept Clearance | 11 May 2006 |
| Credit Committee Meeting | - |
| Approval | - |
| PDS Creation Date | 20 Mar 2006 |
| Last PDS Update | 27 Mar 2013 |
Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.
The Access to Information Policy (AIP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.
The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.
In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.
| Title | Document Type | Document Date |
|---|---|---|
| JSC BTA Bank - Term Loan Facility | Extended Annual Review Reports | Dec 2011 |
| Proposed Assistance to Private Bank in Kazakhstan - Bank TuranAlem | Reports and Recommendations of the President | Jul 2006 |
Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.
None currently available.
Evaluation Documents See also: Independent Evaluation
None currently available.
Related Publications
None currently available.
The Access to Information Policy (AIP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.
Requests for information may also be directed to the InfoUnit.