Adopem's Formalization Project
The objective of this project is to support ADOPEM in its conversion into an institution regulated by the Superintendency of Banks. The specific objectives are: (i) to assist ADOPEM in preparing and submitting to the SIB its application for an operating permit; (ii) to provide ADOPEM with the institutional strengthening needed during the conversion process; and (iii) to offer ADOPEM's managerial and operations staff the necessary training and qualifications to assume the responsibilities of a regulated institution.

Project Detail

Country

Dominican Republic

Project Number

TC9912023

Approval Date

April 25, 2000

Project Status

Closed

Project Type

Technical Cooperation

Sector

PRIVATE FIRMS AND SME DEVELOPMENT

Subsector

PRIVATE FIRMS AND SME DEVELOPMENT

Lending Instrument

Multilateral Investment Fund Instrument

Lending Instrument Code

MIF

Modality

-

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 625,000.00

Country Counterpart Financing

USD 325,000.00

Original Amount Approved

USD 300,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
ATN/ME-6947-DR Non-Sovereign Guaranteed USD - United States Dollar Multilateral Investment Fund II (MIF) - Nonreimbursable
Operation Number ATN/ME-6947-DR
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Multilateral Investment Fund II (MIF) -
  • Financial Instrument: Nonreimbursable