ADB’s OCR operations are diverse, covering agriculture and natural resources, education, energy, finance, health and social protection, industry and trade, public sector management, transport and information and communication technology, multisector, and water supply and other municipal infrastructure and services. OCR loans are generally made to DMCs that have attained a higher level of economic development.
From its establishment through 31 December 2012, ADB had approved loans, net of terminations and reductions, aggregating $146.4 billion in its ordinary operations. At 31 December 2012, the total amount of ADB’s loans outstanding, undisbursed balances of effective loans, and loans not yet effective in its ordinary operations was $83.3 billion. Of this total, 92.8% represented sovereign loans, that is, loans to the public sector (member countries and, with the guarantee of the concerned member, government agencies or other public entities). About 7.2% represented nonsovereign loans, that is, loans to private sector enterprises, financial institutions, and selected nonsovereign public sector entities.
Funding sources for OCR include paid-in capital, retained earnings (reserves), and proceeds from debt issuance. To finance its OCR lending operations, ADB issues debt securities in the international and domestic capital markets.
ADB's debt securities carry the highest possible investment ratings from major international credit rating agencies.
ADB employs a classification system for its DMCs to determine their access to ordinary capital resource loans and their eligibility to borrow from the Asian Development Fund.
DMCs with access to Ordinary Capital Resources
Armenia, Azerbaijan, Bangladesh, People's Republic of China, Cook Islands, Fiji, Georgia, India, Indonesia, Kazakhstan, Malaysia, Marshall Islands, Federated States of Micronesia, Mongolia, Pakistan, Republic of Palau, Papua New Guinea, Philippines, Sri Lanka, Thailand, Timor-Leste, Turkmenistan, Uzbekistan, Viet Nam