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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

  • 10 July 2020 ADB strengthens microfinance for pandemic recovery in rural India

    ADB's partnership with CreditAccess Grameen Limited (CAG) and Citibank NA helps nurture the green shoots of economic recovery and restoring livelihoods in the rural parts of southern India. Through the Private Sector Operations Department's microfinance program, ADB facilitated flow of $14 million equivalent in funding to CAG from Citibank for on-lending as emergency loans and income-supporting loans for CAG's micro-borrowers, all of whom are women. 

  • 6 July 2020 ADB recognized at The Asset Triple A Asia Infrastructure Awards

    ADB received four private sector infrastructure awards from The Asset Triple A Asia Infrastructure Awards 2020. The Asset, a leading financial publication for issuers and investors, on 6 July 2020 announced the following awards for ADB as the Power Deal of the Year (Regional and South Asia) for Nepal Water and Energy Development Company; the Green Project of the Year (ASEAN) for Philippines' AC Energy Finance International; and the Power Deal of the Year (ASEAN) for Thailand's Gulf PD Company. See published results of the awards at TheAsset.com

  • 2 July 2020 ADB signs loan with Armenia's Armeconombank

    ADB signed a $15 million loan with Armeconombank (AEB) in Armenia on 2 July 2020. The loan will support lending to small, and medium-sized enterprises and women-owned enterprises in the country, specifically in areas outside the capital, Yerevan. AEB has a large network of 49 branches across the country, 23 located outside the capital Yerevan, giving it a large rural footprint.

  • 23 June 2020 ADB signs $300 million B-loan for river and lake rehabilitation in the People's Republic of China

    VP for for Private Sector Operations and Public-Private Partnerships Diwakar Gupta on 23 June 2020 opened an online signing ceremony for a B-loan to China Water Environment Group, an integrated water environment company in the People's Republic of China that has been providing wastewater treatment services during the COVID-19 pandemic. He stressed the critical need for safe water amid the global pandemic, and ADB’s role to catalyze commercial financing to build resilience. The $300 million B-loan is twice the amount of ADB’s A-loan of $150 million to CWE approved in 2017, and will help replicate multiple interlocking pollution control measures under a holistic approach. It is aimed to help local governments reduce fiscal burden as part of their pandemic recovery efforts. Read the news release.

  • 22 June 2020 ADB's financing to bolster microfinance for post-pandemic recovery in the Philippines

    ADB disbursed the peso equivalent of $10 million as a first tranche under its private sector financing for ASA Philippines Foundation Inc., to support ASA's microlending operations in lagging and conflict-affected parts of the Philippines. ADB's support for ASA is notable in the current environment of risk-aversion by banks, and provides much needed liquidity for ASA's microborrowers, all of whom are women.  

  • 17 June 2020 ADB finances first private sector gas-fired plant in Afghanistan

    Director of Infrastructure Finance, South Asia, Central Asia, and West Asia at ADB’s Private Sector Operations Department Shantanu Chakraborty and Chairperson of Afghan Power Plant Company Limited Ismail Ghazanfar signed a $10 million loan agreement as part of the financing for the Mazar gas-fired power plant, supporting Afghanistan's efforts to achieve long-term energy security through affordable domestic power sources. ADB will also administer a $10 million loan from the Leading Asia's Private Infrastructure Fund. The is the first private sector gas-fired plant in Afghanistan to be funded by development finance institutions. Read the news release

  • 8 June 2020 ADB finances first private sector solar plant in Bangladesh

    ADB's Privte Sector Operations Department Infrastructure Finance Division I Director Shantanu Chakraborty and Chairperson of Spectra Engineers Limited Khan Aftabuddin on 8 June 2020 signed a $17.7 million financing with Spectra Solar Park Limited for a 35-megawatt utility-scale solar plant in Manikganj district. The financing comprises loans from ADB and ADB-administered Canadian Climate Fund for the Private Sector in Asia II. This is the first private sector solar plant in Bangladesh to be financed by multilateral institutions. The landmark project will support Bangladesh's efforts to increase use of clean energy. Read the news release.

  • 28 May 2020 Trade Finance Program releases mapping tool for COVID-19 products

    The Trade and Supply Chain Finance Programs released a tool that maps supply chains for critical products in the global response to the COVID-19 pandemic, clearing the way for the identification and removal of blockages in their production and distribution. The interactive maps enable banks, investors, governments, and  health care professionals to pinpoint major companies in the supply of portable ventilators, N95 respirators, and other key products. Read the news release.

  • 15 May 2020 ADB signs loan for Thailand's first wind power, battery energy storage project

    ADB Private Sector Operations Department's Daniel Wiedmer, BCPG Public Company Limited SVP Kongkiat Kanjanapan, and Lomligor Company Limited GM Isara Tawanchulee on 15 May 2020 in Bangkok signed a loan agreement for the Southern Thailand Wind Power and Battery Energy Storage Project (Lomligor Wind Farm). ADB’s support will provide long-term financing for a 10-megawatt wind power project with an integrated 1.88-megawatt-hour pilot battery energy storage system. This will be the first private sector project in Thailand to integrate utility-scale wind power generation with battery energy storage. ADB also helped mobilize a $4.75 million loan from the Clean Technology Fund, which helped overcome some of the project’s bankability challenges. Kasikornbank is also supporting the project with a USD$7.2 million equivalent loan. Read the news release.

  • 6 May 2020 Global Finance recognizes ADB's trade finance knowledge solutions

    ADB's Trade Finance Program on 6 May 2020 received an award for Trade Finance Knowledge Solutions from the Global Finance magazine. The award was part of The Innovators 2020, a program by Global Finance magazine to recognize organizations that identify new paths and design new tools in finance. Read the Global Finance press release and watch the video on announcement of the winners.

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