PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

606383

Primary Business Area

Financial Institutions Group

Disclosure Date

Nov 3, 2022

Country

Bangladesh

Region

South Asia

IFC Approval Date

Jun 30, 2021

Status

Completed

Estimated Total Budget

$600,038.00
(Project budget includes all project-funded activities)

Last Updated Date

Apr 26, 2025

Project Estimated Start Date

Jul 1, 2021

Project Estimated End Date

Jun 30, 2024

Project Description

The project will assist Bank Asia to (i) Identify and address gaps in its risk management framework and credit risk cycle operations, (ii) Build a roadmap of key initiatives which will have a significant impact in the short and medium-term, and (iii) Provide implementation support of the key initiatives in the context of COVID-19 challenges and adoption of market best practices.

Development Results

E&S Risks / Impacts and Mitigation