Finance Sector: News Releases

The Asian Development Bank (ADB) and Credo Bank JSC (Credo) signed a $4 million loan to support agricultural micro, small and medium-sized enterprises (MSMEs), low-income farm households, women-owned MSMEs, and agri-tourism in Georgia...

The Asian Development Bank (ADB) has made a $10 million equity investment in Tata Capital Growth Fund II LP (TCGF II). TCGF II is a private equity fund targeting growth capital investments in middle-market companies, including SMEs.

The Asian Development Bank (ADB) signed a $75 million equity investment in OrbiMed Asia Partners IV, LP (OAP IV), a private equity fund managed by OrbiMed Advisors LLC (OrbiMed), to enhance....

NEW DELHI, INDIA — The Asian Development Bank (ADB) signed a $40 million loan (in Indian rupee equivalent) to Northern Arc Capital Limited (NACL) to support the livelihoods of microfinance borrowers and micro, small, and medium-sized enterprises (MSMEs) in India. The loan is disbursed to NACL as part of ADB’s ongoing COVID-19 response. NACL will on-lend the loan proceeds and provide guarantees to financial institutions and individual borrowers. NACL will also on-lend to affordable housing finance companies.

The Asian Development Bank and the Royal Government of Bhutan have signed financing agreements today to support the ongoing Phuentsholing township development and enhance to finance for rural cottage and small industries.

The Asian Development Bank (ADB) today announced that it has approved a $93 million loan to help enhance competitiveness in Uzbekistan and boost inclusive growth by improving market-relevant skills development for young...

ADB has approved a $20 million loan to improve access to financial services of rural cottage and small industries (CSIs) in Bhutan.

ADB has approved a $50 million policy-based grant to support the government of Tajikistan in accelerating private sector growth by creating a stable financial system, increasing access to financial services, and improving...

The Asian Development Bank (ADB) and global agribusiness company Olam International Limited (Olam) have signed a $93.75 million loan agreement to support the livelihoods of thousands of smallholder farmers in Viet Nam, Indonesia, and ...

ADB has approved a $500 million policy-based loan to support the Government of Indonesia’s efforts to expand financial access among micro, small, and medium-sized enterprises and marginalized groups such as women and youth.