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| TA Name | Policy and Institutional Support for Banking Sector Systemic Risk Management | |||
| Country | Mongolia | |||
| Project Number | 43246- 01 | |||
| Fund Source/Amount[Proposed] |
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| Impact | The impact is strong and broad based economic recovery supported by a healthy banking sector. | |||
| Outcome | The expected outcome of the project is the establishment of a prudent policy and operational framework for distressed assets resolution and banking crisis management. | |||
| Outputs and Timeframe |
Reinforcing Central Bank and Government's authority and leadership in banking sector restructuring.
Strengthening Corporate Governance of Commercial Banks. Establishing an Asset Management Company or other institutional approach for NPL Resolution. |
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| Procurement | ||||
| Consulting Services | The project will use a mix of individual consultants and consulting firms, with more complex assignments being given to consulting firms to facilitate coordination of the inputs of the various experts. | |||
| Responsible ADB Officer |
Ying Qian |
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| Responsible ADB Department |
East Asia Department |
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| Responsible ADB Division |
Fin. Sector, Public Mgt. & Regional Cooperation Div, EARD |
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| Executing Agencies |
Mongol Bank |
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| Timetable | ||||
| Concept Clearance | 10 Aug 2009 | |||
| Fact-finding | 29 Jul 2009 to 04 Aug 2009 | |||
| Approval | III Nov 2009 | |||
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