PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

603066

Primary Business Area

Financial Institutions Group

Disclosure Date

Aug 29, 2019

Country

Papua New Guinea

Region

East Asia and the Pacific

IFC Approval Date

May 8, 2018

Status

Completed

Estimated Total Budget

$110,987.00
(Project budget includes all project-funded activities)

Last Updated Date

Jun 12, 2021

Project Estimated Start Date

May 1, 2018

Project Estimated End Date

Oct 31, 2019

Project Description

As the largest commercial bank in Papua New Guinea, BSP has continuously exposed to transactions with medium-high and high E&S risks. The project aims to strengthen Bank of South Pacific (BSP)'s Environmental & Social (E&S) risk management practice.

Development Results

E&S Risks / Impacts and Mitigation