Introducing the Local Currency Loan Product
Traditionally, the Asian Development Bank (ADB) has offered loans exclusively in foreign currency. However, in light of important economic changes in ADB's developing member countries (DMCs) over the past decade, a review of how ADB can enhance its menu of financial products to meet the evolving financing demands is warranted.
- Local Currency Loans in the Context of ADB's Strategic Framework
- Proposed New Local Currency Loan Product
- Implementation and Resource Requirements
- Conclusion and Recommendations