Investor Presentaiton

Case Studies - Financial Sector PRC: Small and Medium-Sized Enterprises Finance in Underdeveloped Regions Project IND: Expanding Micro, Small and Medium Enterprise Lending Client: Zhujiang Financial Leasing Company Limited (ZFL) ADB Commitment: $58.9m loan Key Features: • ADB will provide longer-tenor financing to ZFL for lease finance to small and medium-sized enterprises (SMEs) located in the underdeveloped central and western regions of PRC. ZFL was established in 2014 as a wholly-owned subsidiary of one of PRC's leading rural commercial banks, Guangzhou Rural Commercial Bank, and is a leasing company regulated by the China Banking and Insurance Regulatory Commission. ZFL's operations have a strong development focus, sound corporate governance, experienced management team, developed risk management systems and good financial performance. ADB's Value Addition: • • Provide access to longer-tenor debt in support of SMEs in underdeveloped regions of PRC, which face significant barriers in accessing finance. Help ZFL develop more longer-tenor leasing products for SMEs and improve its asset-liability profile. Enhance ZFL's environmental and social safeguards capacity. Approval Date: 27 July 2018 Commitment Date: 27 November 2018 Client: Capital First Limited (CFL) ADB Commitment: $148m senior secured non-convertible debentures equivalent in Indian rupees Key Features: • • Established in 2012, CFL is a retail lender serving the financing needs of underbanked salaried and self-employed individuals and MSMEs, which comprise India's "missing middle". CFL's growth has been underpinned by its successful development of products and services tailored to the needs of its target customers based on new technologies and deep analytics, enabling rapid credit decisions and superior customer service offered through various delivery channels. ADB funding will support the growth of CFL's lending to MSMEs. ADB will also provide technical assistance of up to $200,000 to support CFL's capacity building on environment and social safeguards. ADB's Value Addition: • Support MSME growth and development of the missing middle. Support the advancement of India's emerging lower middle-income segment. Diversify and increase the tenor of CFL's liabilities to better match the funding needs of its MSME lending. Approval Date: 29 September 2017 Commitment Date: 29 November 2018 7 October 2019 74 ADB

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