Asian Development BankAsian Development Bank Contact: Michael Barrow
The Asian Development Bank is a multilateral development finance institution dedicated to reducing poverty in Asia and the Pacific. It engages in mostly public sector lending, and some limited private sector lending for development purposes in its developing member countries. ADB’s clients are its member governments, who are also its shareholders.
We support specific types of private sector projects in our developing member countries. Our primary focus is on infrastructure development including: power (e.g. generation, transmission and distribution, including a particular focus on renewable power), transportation (e.g. roads, ports, railways, airports), water supply and waste treatment, oil & gas infrastructure, and telecommunications.
In providing assistance to catalyze investments, ADB uses equity investments, loans, guarantees, and B loan (complementary financing scheme). We can either invest in projects directly or through financial intermediaries such as investment funds. ADB provides loans, without government guarantees, to private sector projects and enterprises. In general, these loans are denominated in the major international currencies such as US Dollar, Euro, and Japanese Yen. However, Local currency financing is also available in selected countries.
Loans to private sector companies or projects may be co-financed by commercial banks and other development banks. If necessary to mobilize a larger amount of debt, ADB can extend its B Loan (Complementary Financing Scheme).