Resolution No. 404 - Discontinuation of the Loan Loss Reserve and Adjustment to the Ordinary Reserve

Institutional Document | April 2020
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The Board of Governors of the Asian Development Bank (ADB) adopted this resolution on 29 April 2020. 

The Board of Governors resolves that the loan loss reserve be reduced by $225 million (and discontinued thereafter), and the ordinary reserve be reduced by $249 million, with both adjustments effective as of 1 January 2020.

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  • ADB administration and governance

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