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Private Sector (Nonsovereign) Financing

ADB focuses on projects that help promote private investments in the region that will have significant development impact and will lead to accelerated, sustainable, and inclusive growth.

Private Sector Financing Activities

  • 1 April 2020 Intelligent Integrity Due Diligence AI pilot launched

    ADB's Vice President Diwakar Gupta, Private Sector Operation Department (PSOD) Director General Michael Barrow, and Transaction Support Division Director Mark Kunzer on 1 April 2020 launched the Intelligent Integrity Due Diligence (I2D2), ADB's third solution out of the Digital Innovation Sandbox. I2D2 combines AI and digital technology to conduct integrity due diligence and sanctions checks on prospective recipients of ADB funding.

  • 18 March 2020 ADB awarded Best Multilateral Development Bank for its Trade Finance Program

    ADB's Trade Finance Program (TFP) closes market gaps to support economic growth and job creation that improve peoples lives. In 2019, TFP supported $5.4 billion worth of trade through 4,800 transactions, 85% of which are SME-related, while $3.5 billion were mobilized in cofinancing. TFP's knowledge products include the Trade Finance Gaps, Growth and Jobs Study, Bank Twinning, Gender Equality Initiative, Digital Standards, Sustainability of Trade, and Anti-Money Laundering initiatives.

  • 5 March 2020 President Asakawa opens ADB office in Singapore

    President Masatsugu Asakawa and Singapore Deputy Prime Minister and Minister for Finance, and ADB Governor, Heng Swee Keat officially opened ADB’s new office in Singapore on 5 March 2020, deepening collaboration on some of the most pressing development challenges facing Asia and the Pacific. They agreed that the Singapore Office will create even more avenues to enhance cooperation between ADB and Singapore across the region. The opening of the new office marks a new stage in the expansion of ADB’s private sector operations.

  • 22 November 2019 ADB provides first supply chain finance advisory services in Georgia

    ADB Private Sector Operations Department's Supply Chain Finance Program provided its first technical assistance for its first partner bank in Central Asia, Bank of Georgia. This will help Bank of Georgia jumpstart its supply chain finance business to provide small and medium enterprises in Georgia with more access to working capital. In the photo are Supply Chain Finance Program’s Relationship Manager, Sunil Mascarenhas (5th from left) and Trade Finance Program’s Relationship Manager, Nana Khurodze (6th from left) representing ADB in the signing and kick-off meeting.

  • 8 November 2019 ADB funds non-profit to empower women in conflict-impacted Philippines provinces

    ADB and ASA Philippines Foundation Inc, a non-profit organization specializing in microfinance for women, signed a loan agreement to on-lend $30 million equivalent for fostering income-generation and resettlement in the lagging and conflict-impacted provinces of Visayas and Mindanao. ADB's private sector operations structured this medium-term local-currency financing, a first for a non-profit entity in Philippines, to support ASA's operations. 

  • 31 October 2019 ADB expands financial inclusion in Myanmar, Viet Nam

    Christopher Thieme, Deputy Director General of ADB's Private Sector Operations Department presided over a $200,000 technical assistance grant to financial technology company, Kiu Global. Kiu will use the grant to reach women-owned agricultural micro, small and medium enterprises (MSMEs) in Viet Nam and Myanmar.

  • 31 October 2019 ADB Ventures organizes cleantech showcase events

    ADB Ventures TA on 31 October-1 November 2019 in Singapore partnered with Sustainable Energy Association of Singapore (SEAS) and Private Financing Advisory Network (PFAN) to organize two cleantech showcase events attended by around 150 investors and industry professionals. The 22 finalists were seeking to raise around $90 million to scale their solutions, which could mitigate more than 500,000 tons of CO2 equivalent.

  • 11 October 2019 ADB holds smart financing seminar for women entrepreneurship

    ADB co-organized a seminar in Geneva on women’s economic empowerment and entrepreneurship, alongside African Development Bank, International Trade Centre, Inter-American Development Bank, Islamic Development Bank, and the Rwanda Mission to the World Trade Organization. ADB Advisor on Trade and Supply Chain Finance Steven Beck presented on gender and trade finance, and ADB European Representative Office's Samantha Hung spoke about financial inclusion for women to approximately 100 participants from the international and impact investing community.

  • 8 October 2019 ADB speaks at a private sector seminar in Japan

    Michael Barrow, Director General of ADB's Private Sector Operations Department, on 7 October 2019 in Tokyo spoke at a seminar co-organized by the Japan Machinery Center for Trade and Investment and ADB's Japan Representative Office. He gave an overview of ADB’s private sector operations and elaborated on the ongoing strong partnership between Japan and ADB in nonsovereign transactions.

  • 11 September 2019 ADB promotes private sector opportunities in Mongolia

    Mongolia Vice Minister of Finance Bulgantuya Khurelbaatar on 11 September 2019 in Ulaanbaatar opened ADB’s first sector-themed private sector opportunities workshop, which is jointly organized by the ADB Mongolia Resident Mission, ADB's Private Sector Operations Department (PSOD), Ministry of Finance and Mongolia’s leading business associations. PSOD discussed key sectors and products, including ADB Ventures and explored potential financings with prospective clients during one-on-one sessions. The event attracted more than 150 participants, from foreign corporations to local SMEs.

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