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Project Details

Project Name:

Kazakhstan Special Assistance Loan

Republic of Kazakhstan
Project Location within Country:

Professional Staff Provided By Your Company:
No of Staff:

Name of Client:

Ministry of Ministry of Finance
No of Man-Months:

Start Date:

April, 1994
Completion Date:

May, 1994
Approx Value of Services:

Name of Associated Firm(s) If Any:

No of Man-Months of Professional Staff Provided by Associated Firm(s):

Name of Senior Staff (Project Director/Coordinator, Team Leader) Involved and Functions Performed:

Vas Banschikov – Financial Sector Specialist
Detailed Narrative Description of Project:

The purpose of this Project was to assist ADB in the design of the Special Assistance Loan and preparation of the related Appraisal Report. This required the assessment of the soundness and viability of key financial sector institutions in the country.

Detailed Description of Actual Services Provided by Our Company:

To complete the project, Vas undertook the following activities:-met with the National Bank to discuss the commercial banking and foreign exchange operations of Kazakhstan and attended the foreign currency auctions at the Kazakhstan Interbank Currency Exchange. Had several meetings with senior and middle management of twenty commercial banks. Obtained their management reports and financial statements to assess financial viability.

In the final report, proposed and designed the disbursement system for ADB’s interface with the commercial banks and recommended a short list of commercial Banks to be utilized by the Bank for this purpose in Kazakhstan.

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