PROJECT

Projects

Summary of Investment Information

Project Number

37446

Company Name

ADVANCED BANK OF ASIA LIMITED

Date SPI Disclosed

Mar 31, 2017

Country

Cambodia

Region

East Asia and the Pacific

Projected Board Date

May 15, 2017

Environmental Category

FI-2 - Limited

Status

Completed

Last Updated Date

Jun 12, 2021

Department

Regional Industry - FIG Asia & Pac

Industry

Financial Markets

Previous Events

Approved : May 31, 2017
Signed : May 31, 2017
Invested : Dec 29, 2017

Sector

Commercial Banking - General

Additional Project Attributes

Blended Finance

Project Description

The proposed project (the “Project”) involves a senior loan of up to US$10 million to Advanced Bank of Asia Limited (“ABA” or “the Bank”), in order to support the Bank’s growth and to provide additional access to finance to local borrowers, in particular, MSMEs in Cambodia.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation