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$201,784.00 (Project budget includes all project-funded activities)
Last Updated Date
Feb 26, 2017
Project Estimated End Date
Jun 30, 2014
Project Description
IFC will assist Union Bank of Sri Lanka in developing its institutional capacity in the area of small and medium enterprise (SME) banking.
Development Results
The objective of the Project is to facilitate increased access to finance for small and medium enterprises in Sri Lanka
Indicator
Calendar Year 2020 Results
Cumulative Results as of 2020
Number of reports (assessments, surveys, manuals, Phase I/strategic option reports, research, analytical, evaluations, etc.) completed
Not Available
3
Number of entities receiving advisory services
Not Available
1
Number of entities receiving in-depth advisory services
Not Available
1
E&S Risks / Impacts and Mitigation
Performance Standard
Description and Potential Impact
Mitigation
PS 1. Assessment and Management of Environmental and Social Risks and Impacts
Given the low risk level, no mitigation measures are required at this stage.
As mandated by IFC's Sustainability Policy, the team has assessed the project's consistency with IFC Performance Standards using principles of Performance Standard 1 and no significant potential Environmental or Social risks were identified.
Press-Release
Additional Documents
Similar Projects
This Summary of Advisory Services Project Information (ASPI) is prepared by IFC to disclose a factual summary of the main elements of this advisory services project. It may also include findings and recommendations related to environmental and social considerations regarding this project. The purpose of the ASPI is to enhance the transparency of IFC's activities. For any project documentation or data included or attached herein, whether prepared by the project sponsor or otherwise, authorization has been given for public release by the client. IFC considers that this ASPI is of adequate quality for release to the public, but has not necessarily independently verified all of the project information therein. It is distributed within sixty days of project's approval and may be updated periodically afterwards. Total budget and start dates are estimates only. The following ASPI is disclosed in accordance with IFC's Access to Information Policy (AIP) that went into effect on January 1, 2012.
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