ADB offers a range of financial products that help developing member countries (DMCs) build economic growth and social development. These tools include loans, technical assistance, and grants.

Public sector (sovereign) financing is extended to DMC governments and public sector entities, such as state-owned enterprises. Sovereign lending or financing secured by a government guarantee forms the greater part of ADB’s development assistance.

Operations are financed from ordinary capital resources (OCR) and a range of special funds, including the Asian Development Fund, which is the largest. In addition, ADB also mobilizes financial resources through cofinancing.

Sovereign approvals amounted to $15.40 billion in 2011, an increase of $553 million (4%) from 2010.

The top four countries in terms of nonsovereign approvals in 2011 were India, the Lao People's Democratic Republic, Uzbekistan, and the People's Republic of China.

Nonsovereign Approvals by Top Countries, 2011
  $ Million %
India 718.00 31
Lao People’s Democratic Republic 350.00 15
Uzbekistan 300.00 13
China, People’s Republic of 225.00 10
Indonesia 200.00 9
Thailand 170.00 7
Pakistan 163.61 7
Georgia - -
Armenia 65.00 3
Other Developing Member Countries 30.00 1
Regional 84.00 4
TOTAL 2,305.61 100
Note: Includes loan, equity investment, guarantee, and B loan approvals. Totals may not add up because of rounding.

Official Cofinancing

$3.5 billion was generated in 2011 in official cofinancing from the development assistance windows of external partners, such as government agencies and international organizations, to cofinance 170 ADB projects. This total official cofinancing comprised $3.3 billion for 37 projects and $0.2 billion for 133 technical assistance activities. This amount increased by 13.2% from $3.1 billion in 2010 and marked a record year for grant cofinancing. Read more