Financial Institutions Development

Abstract*

The Financial Institutions Development Project (FIDP) will promote the development of non-bank financial institutions (NBFIs) in particular, and, investments as a whole. Since the potential for NBFIs risk of contagion exists, rigorous measures will be applied. The project consists of two main components: 1) The resource mobilization component will aim at simplifying market regulations to facilitate bond and security issues, creating and developing... Show More

Development Objective

The objective of the project is to promote the development of non-bank financial institutions (NBFIs), in particular, and investment financing, in general, on a sustainable basis contributing to improvements in the quality of intermediation, and the speed and efficiency of industrial growth in Bangladesh.

Key Details

Project Details

Project ID
P044811
Status
Closed
Team Leader
Shamsuddin Ahmad
Borrower 2
N/A

Country
Bangladesh
Disclosure Date
June 29, 1998
Approval Date
(as of board presentation)
September 16, 1999
Effective Date
January 27, 2000

Total Project Cost 1
US$ 57.69 million
Implementing Agency
N/A
Region
South Asia
Fiscal Year 3
2000

Commitment Amount
US$ 46.90 million
Environmental Category
C
Environmental and Social Risk
Not Applicable
Closing Date
February 28, 2006

Last Stage Reached
BANK APPROVED
Last Update Date
January 15, 2013

Notes
1. Total project cost includes funding from World Bank and non-bank sources in US$ millions. Active and Closed projects show current commitments. Proposed (pipeline) and dropped projects show the forecast amount. The commitment amount for projects in the pipeline is indicative and may be modified during the project preparation.
2. Borrower refers to the Borrower of a Loan or Recipient of a Grant.
3. ”Fiscal Year” is the fiscal year in which the project was approved (or dropped if the status is dropped). The World Bank's fiscal year is from July 1 - June 30. For example, a fiscal year of 1996 corresponds to July 1, 1995 - June 30, 1996.

Sectors

Themes

FY17 - Finance

FY17 - Financial Infrastructure and Access34%
- FY17 - Credit Infrastructure34%

FY17 - Private Sector Development

FY17 - Business Enabling Environment33%
- FY17 - Regulation and Competition Policy33%

FY17 - Public Sector Management

FY17 - Rule of Law33%
- FY17 - Legal Institutions for a Market Economy33%

Project Map

Interactive Map

Finances

Financing Plan (US$ Millions)

Financier	Commitments
IDA Credit	46.90

Total Project Financing (US$ Millions)

Product Line	IBRD/IDA
IBRD Commitment	N/A
IDA Commitment	46.90
IBRD + IDA Commitment	46.90

Lending Instrument
Grant Amount	N/A
Total Project Cost**	57.69

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

No data available.

Detailed Financial Activity as of July 31, 2025

Download:

Period	Financier	Transaction Type	Amount (US$)
Oct 1, 2022	IDA-32850	Int Charges	112,587.23
Oct 1, 2022	IDA-32850	Int Charges	112,587.23
Oct 1, 2022	IDA-32850	Loan Repay	13,721.00
Oct 1, 2023	IDA-32850	Int Charges	108,870.48
Oct 1, 2023	IDA-32850	Int Charges	108,870.48
Sep 16, 1999	IDA-32850	Loan Commitment	46,900,000.00
Oct 1, 2023	IDA-32850	Loan Repay	902,359.80
Oct 1, 2023	IDA-32850	Loan Repay	4,892.25
Oct 1, 2016	IDA-32850	Int Charges	14,246.36
Oct 1, 2016	IDA-32850	Int Charges	14,246.36
Oct 1, 2016	IDA-32850	Loan Repay	481,509.78
Oct 1, 2016	IDA-32850	Int Charges	155,287.16
Oct 1, 2016	IDA-32850	Int Charges	155,287.16
Apr 1, 2018	IDA-32850	Int Charges	643.99
Oct 1, 2017	IDA-32850	Loan Repay	2,793.25
Oct 1, 2017	IDA-32850	Loan Repay	484,750.03
Oct 1, 2017	IDA-32850	Int Charges	152,950.36
Oct 1, 2017	IDA-32850	Int Charges	152,950.36
Apr 1, 2018	IDA-32850	Int Charges	156,103.05
Apr 1, 2018	IDA-32850	Int Charges	156,103.05
Apr 1, 2018	IDA-32850	Loan Repay	501,535.20
Apr 1, 2018	IDA-32850	Int Charges	643.99
Oct 1, 2018	IDA-32850	Int Charges	148,061.33
Oct 1, 2018	IDA-32850	Int Charges	148,061.33
Oct 1, 2018	IDA-32850	Loan Repay	738.03
Oct 1, 2018	IDA-32850	Loan Repay	480,761.40
Oct 1, 2019	IDA-32850	Loan Repay	4,632.45
Oct 1, 2019	IDA-32850	Loan Repay	935,074.20
Oct 1, 2019	IDA-32850	Int Charges	140,956.23
Oct 1, 2019	IDA-32850	Int Charges	140,956.23
Apr 1, 2019	IDA-32850	Loan Repay	3,301.66
Apr 1, 2019	IDA-32850	Loan Repay	475,565.66
Apr 1, 2019	IDA-32850	Int Charges	145,456.16
Apr 1, 2019	IDA-32850	Int Charges	145,456.16
Apr 1, 2020	IDA-32850	Loan Repay	6,037.98
Apr 1, 2020	IDA-32850	Loan Repay	411,425.12
Apr 1, 2020	IDA-32850	Int Charges	137,824.84
Apr 1, 2020	IDA-32850	Int Charges	137,824.84
Oct 1, 2013	IDA-32850	Loan Repay	510,489.20
Oct 1, 2013	IDA-32850	Int Charges	170,675.23
Oct 1, 2013	IDA-32850	Int Charges	170,675.23
Oct 1, 2013	IDA-32850	Loan Repay	19,685.22
Oct 1, 2014	IDA-32850	Int Charges	172,622.64
Oct 1, 2014	IDA-32850	Int Charges	172,622.64
Oct 1, 2014	IDA-32850	Int Charges	4,985.57
Oct 1, 2014	IDA-32850	Int Charges	4,985.57
Oct 1, 2014	IDA-32850	Loan Repay	511,473.70
Apr 1, 2014	IDA-32850	Int Charges	176,710.44
Apr 1, 2014	IDA-32850	Int Charges	176,710.44
Apr 1, 2014	IDA-32850	Int Charges	12,301.76
Apr 1, 2014	IDA-32850	Int Charges	12,301.76
Apr 1, 2014	IDA-32850	Loan Repay	533,058.40
Oct 1, 2015	IDA-32850	Loan Repay	13,821.44
Oct 1, 2015	IDA-32850	Loan Repay	469,240.70
Oct 1, 2015	IDA-32850	Int Charges	156,836.84
Oct 1, 2015	IDA-32850	Int Charges	156,836.84
Apr 1, 2015	IDA-32850	Int Charges	158,856.20
Apr 1, 2015	IDA-32850	Int Charges	158,856.20
Apr 1, 2015	IDA-32850	Loan Repay	22,489.62
Apr 1, 2015	IDA-32850	Loan Repay	453,483.44
Apr 1, 2016	IDA-32850	Loan Repay	486,104.75
Apr 1, 2016	IDA-32850	Int Charges	2,590.12
Apr 1, 2016	IDA-32850	Int Charges	2,590.12
Apr 1, 2016	IDA-32850	Int Charges	0.01
Apr 1, 2016	IDA-32850	Int Charges	0.01
Apr 1, 2016	IDA-32850	Int Charges	144,209.58
Apr 1, 2016	IDA-32850	Int Charges	144,209.58
Apr 1, 2017	IDA-32850	Loan Repay	522.40
Apr 1, 2017	IDA-32850	Loan Repay	467,547.44
Apr 1, 2017	IDA-32850	Int Charges	149,197.45
Apr 1, 2017	IDA-32850	Int Charges	149,197.45
Apr 1, 2024	IDA-32850	Loan Repay	894,144.90
Apr 1, 2024	IDA-32850	Int Charges	106,166.07
Apr 1, 2024	IDA-32850	Int Charges	106,166.07
Apr 1, 2024	IDA-32850	Loan Repay	19,109.58
Oct 1, 2020	IDA-32850	Loan Repay	964,437.70
Oct 1, 2020	IDA-32850	Int Charges	138,676.77
Oct 1, 2020	IDA-32850	Int Charges	138,676.77
Oct 1, 2020	IDA-32850	Loan Repay	8,730.86
Apr 1, 2020	IDA-32850	Loan Repay	524,927.40
Apr 1, 2021	IDA-32850	Int Charges	135,611.33
Apr 1, 2021	IDA-32850	Int Charges	135,611.33
Apr 1, 2021	IDA-32850	Loan Repay	2,010.04
Apr 1, 2021	IDA-32850	Loan Repay	975,367.06
Oct 1, 2021	IDA-32850	Loan Repay	956,935.60
Oct 1, 2021	IDA-32850	Int Charges	131,486.05
Oct 1, 2021	IDA-32850	Int Charges	131,486.05
Oct 1, 2021	IDA-32850	Loan Repay	17,033.22
Apr 1, 2022	IDA-32850	Int Charges	124,999.32
Apr 1, 2022	IDA-32850	Int Charges	124,999.32
Apr 1, 2022	IDA-32850	Loan Repay	13,382.78
Apr 1, 2022	IDA-32850	Loan Repay	938,991.06
Apr 1, 2023	IDA-32850	Loan Repay	34,904.51
Apr 1, 2023	IDA-32850	Int Charges	114,855.41
Apr 1, 2023	IDA-32850	Int Charges	114,855.41
Apr 1, 2023	IDA-32850	Loan Repay	893,218.10
Oct 1, 2022	IDA-32850	Loan Repay	869,314.25

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name	Review	Date
Progress towards achievement of PDO	Satisfactory	2005-11-16
Counterpart Funding	Satisfactory	2005-11-16
Project Management	Satisfactory	2005-11-16
Monitoring and Evaluation	Satisfactory	2005-11-16
Overall Implementation Progress (IP)	Satisfactory	2005-11-16
Overall Safeguards Rating	Satisfactory	2005-11-16
Procurement	Satisfactory	2005-11-16
Financial Management	Satisfactory	2005-11-16

COMPLETION RATINGS

INDICATOR	IMPLEMENTATION COMPLETION & RESULTS REPORT: 10-31-2006
Outcomes	Substantial
Risk to Development Outcome	Modest
Bank Performance	Substantial
Borrower Performance	Moderately Satisfactory
Government Performance	Moderately Satisfactory
Implementing Agency	Substantial

INDEPENDENT EVALUATION RATINGS

INDICATOR	ICR REVIEW: 02-07-2007	PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome Rating	Moderately Satisfactory	N/a
Risk To Development Outcome	Moderate	N/a
Bank Performance	Satisfactory	N/a
Borrower Performance	Moderately Satisfactory	N/a
Government Performance	Moderately Satisfactory	N/a
Implementing Agency	Moderately Satisfactory	N/a
Icr Quality	Satisfactory	N/a
M&e Quality	Modest	N/a

Results Framework