Most of ADB's lending comes from its ordinary capital resources, offered at near-market terms to lower- to middle-income countries. ADB also provides loans and grants from Special Funds, of which the Asian Development Fund is the largest. The Asian Development Fund offers loans at very low interest rates and grants that help reduce poverty in ADB's poorest borrowing countries.
Thanks to robust partnerships with its development partners, ADB achieved $22.9 billion in operations in 2014 by leveraging $9.2 billion in cofinancing—a record high for ADB—with $13.7 billion of its own resources.
Of the total cofinancing, $4.4 billion was obtained through partnerships with official and other concessional financing sources, including bilateral and multilateral organizations, other public agencies, foundations, and corporate social responsibility programs. Financing support from these development partners increased by 15% in the face of global fiscal constraints, from $3.8 billion in 2013.
Partnering with other development organizations helped ADB to achieve better results for DMCs.
An innovation to combine concessional lending operations with ordinary capital resources balance sheet aims to enhance ADB’s lending capacity. Read more about combining ADB's Asian Development Fund (ADF) and Ordinary Capital Resources (OCR).