ADB’s OCR operations are diverse, covering agriculture and natural resources, education, energy, finance, health and social protection, industry and trade, public sector management, transport and information and communication technology, multisector, and water supply and other municipal infrastructure and services. OCR loans are generally made to DMCs that have attained a higher level of economic development.
In 2014, ADB’s operations totaled $22.93 billion, of which $13.69 billion was financed by ADB (ordinary capital resources [OCR] and Special Funds Resources) and $9.24 billion by cofi nancing partners. Sovereign operations, including official and technical assistance cofinancing, totaled $15.99 billion. Nonsovereign operations, including cofinancing, totaled $6.94 billion.
Disbursements totaled $10.01 billion, an increase of $1.47 billion (17%) from 2013.
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 OCR resources.
Funding sources for OCR include paid-in capital, retained earnings (reserves), and proceeds from debt issuance. To finance its OCR lending operations, ADB issues debt securities in the international and domestic capital markets.
ADB's debt securities carry the highest possible investment ratings from major international credit rating agencies.
ADB employs a classification system for its DMCs to determine their access to ordinary capital resource loans and their eligibility to borrow from the Asian Development Fund.
DMCs with access to Ordinary Capital Resources
Armenia, Azerbaijan, Bangladesh, People's Republic of China, Cook Islands, Fiji, Georgia, India, Indonesia, Kazakhstan, Malaysia, Federated States of Micronesia, Mongolia, Pakistan, Republic of Palau, Papua New Guinea, Philippines, Sri Lanka, Thailand, Timor-Leste, Turkmenistan, Uzbekistan, Viet Nam