Cofinancing

Official Loan Cofinancing

Official loan cofinancing is an arrangement in which an ADB-assisted project or program is also financed by one or more loans from official funding agencies. The terms of the loan are either concessional or nonconcessional, and vary by funding agency, and by developing member country.

Official Sources

Loans provided by official funding agencies have been the largest source of funds for ADB's cofinancing operations.

During 2001-2005, loans from official funding agencies amounted to $3.3 billion, and accounted for about 20% of ADB's total cofinancing for the same period. Japan provided 42% of ADB's official loan cofinancing during this five-year period, followed by the World Bank (29%), France (13%), OPEC Fund (3.2%), and European Investment Bank (3%).