Funding proposals are processed in batches every year. Duration of approval process varies according to transaction processing timelines by the trust fund team and by the project team. Contact ADB for more information.
The Financial Sector Development Partnership Special Fund is aimed at strengthening regional, subregional, and national financial systems in Asia and the Pacific. The special fund was established in December 2013 to support the activities of the Financial Sector Development Partnership Fund, which was established six years prior.
Asian Development Bank, Luxembourg
Project implementation, supervision, and monitoring will be conducted by user departments following ADB’s standard policies, procedures, and guidelines.
The Organizational and Decision-making structures follow ADB's standards, policies, procedures, and guidelines.
Eligible activities will be closely aligned with the five themes and subsectors under the Financial Sector Operational Plan, including:
- building the foundation for financial sector development (policy, legal, regulatory, and supervisory frameworks; financial infrastructure; public debt market; and central bank capacity building);
- improving access to financial services for the traditionally excluded (households and small and medium-sized enterprises);
- developing capital markets (particularly to support infrastructure financing);
- improving financial system stability (prudential regulation, supervision, corporate governance, and international standards and codes); and
- facilitating the integration of regional financial markets.
Activities to improve the general investment climate, such as (i) improving the general legal and regulatory framework, (ii) strengthening governance, and (iii) enhancing administrative capacity, are also eligible as in the original objective and scope of the Financial Sector Development Partnership Fund.
All ADB Developing Member Countries
Contact ADB for more information.