PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

586187

Primary Business Area

Access To Finance

Disclosure Date

Sep 8, 2013

Country

China

Region

East Asia and the Pacific

IFC Approval Date

May 13, 2013

Status

Completed

Estimated Total Budget

$1,749,220.00
(Project budget includes all project-funded activities)

Last Updated Date

Jun 12, 2021

Project Estimated End Date

Oct 31, 2017

Project Description

IFC will focus on three core areas to strengthen the mobile banking industry in China:
(i) supporting the People's Bank of China to facilitate an enabling regulatory environment for agent-based banking services;
(ii) promoting sector-wide knowledge sharing and capacity building;
and
(iii) developing successful mobile banking pilots for market demonstration effect. The first partner institution under the program is Shanghai F-Road Commercial Services Co., Ltd.

Development Results