Asian Development Bank (HQ)

TA-6578 TKM: Supporting the Introduction of International Financial Reporting Standard 9 Financial Instruments in Two Commercial Banks (54411-001)

Last update: Dec 6, 2024 Last update: Dec 6, 2024

Details

Location:Turkmenistan
Turkmenistan
Category:Consulting services
Status:Awarded
Sectors:Education, Training & Capacity Building, Standards & Certification, Financial Services & Audit
Contracting authority: Central Bank of Turkmenistan
Contracting authority type:Banks (National and Private)
Eligibility:Organisation
Budget: USD 225,000
Date posted: Oct 20, 2020

Attachments 3

Associated Awards

Associated tenders 1

Status

Date

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Project cycle timeline

STAGES
EARLY INTELLIGENCE
PROCUREMENT
IMPLEMENTATION
Cancelled
Status
Programming
Formulation
Approval
Forecast
Open
Closed
Shortlisted
Awarded
Evaluation

Description

TA-6578 TKM: Supporting the Introduction of International Financial Reporting Standard 9 Financial Instruments in Two Commercial Banks (54411-001)

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tender Background

About the Funding Agency

ADB - Asian Development Bank - based in Manila, Philippines since 1960.

The Asian Development Bank aims for an Asia and Pacific free from poverty. ADB in partnership with member governments, independent specialists and other financial institutions is focused on delivering projects in developing member countries that create economic and development impact.

As a multilateral development finance institution, ADB provides:

  • loans
  • technical assistance
  • grants

 

About the Sectors

Education, Training & Capacity Building

Covers formal and informal education, training, and capacity-building activities that develop knowledge, skills, and institutional capabilities across all age groups.


Key areas:
  • Education systems and learning programmes
  • Vocational training and skills development
  • Capacity building and professional development

Standards & Certification

Focuses on establishing and applying standards to ensure consistent quality, safety, and compliance across products, services, and organizations.


Key areas:
  • Standardization and quality regulations
  • ISO-aligned systems and compliance frameworks
  • Consumer protection and regulatory conformity
  • Certification and conformity assessment services

Locations

Turkmenistan

Turkmenistan invests primarily in energy infrastructure, pipelines, and transport corridors to expand natural gas exports and regional connectivity. State-led financing dominates infrastructure development, supported by hydrocarbon revenues. Projects aim to strengthen export routes toward China, South Asia, and Europe. Limited economic diversification and restricted private sector participation constrain long-term infrastructure resilience.

Nr. of tenders: 6505
Nr. of grants: 1961
Nr. of donors: 406
Nr. of jobs: 24
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