B Loans are funded by commercial banks and other eligible financial institutions with ADB acting as lender of record. A direct ADB loan (A Loan) is required in the project to fulfill ADB’s direct participation requirement.
Although B Loans do not provide co-financiers with recourse to ADB for debt service, such loans do enjoy the same privileges and immunities as ADB’s direct or A Loans, including:
Other benefits include ADB's:
Reputable commercial financial institutions not incorporated or residing in the country of the borrower or project can participate as a B Loan lender.