Financial Sector Development Partnership Fund

The Financial Sector Development Partnership Fund, or FSDPF, aims to strengthen regional, subregional, and national financial systems in Asia and the Pacific. The fund provides assistance in the form of untied grants for components of investment and technical assistance projects. Project proposals are selected based on their alignment with the finance sector operational plan objectives and the country partnership strategies of the relevant developing member countries. In 2013, the Financial Sector Development Partnership Special Fund was established, the scope and objectives of which remain broadly the same as the FSDPF.

In 2023, only one project remained active under the fund. The Capacity Development for the Supply Chain Finance Program helps ADB’s Trade and Supply Chain Finance Program reduce market gaps for trade finance. Among the initiatives supported by the FSDPF in this technical assistance (TA) project is tracking and reporting on carbon emissions throughout global supply chains, as well as supporting Georgia’s BasisBank in developing a financial sanction and trade-based money-laundering framework. The TA is expected to be completed by December 2024.