The end date for LIBOR has been confirmed
Public Sector (Sovereign) Financing
ADB offers a range of financial products that help developing member countries (DMCs) build economic growth and social development. These tools include loans, technical assistance, and grants.
LIBOR Transition
The global financial industry is undertaking a significant transformation with the phasing out of London interbank offered rate (LIBOR) and transition to alternative reference rates.
ADB is supporting borrowers through the LIBOR transition. A disorderly LIBOR transition would present systemic risks and idiosyncratic risks for market participants and could have negative implications for borrowers. ADB has been preparing since 2018 to support borrowers towards an orderly LIBOR transition and to safeguard its financial soundness.
The impact of COVID-19. The phasing out of LIBOR has not been delayed by COVID-19. Global financial regulators have reconfirmed market participants need to be prepared to transition away from LIBOR by the end of 2021.
On 23 March 2021, the Alternative Reference Rates Committee (ARRC) announced that it will not be in a position to recommend a robust forward-looking Secured Overnight Financing Rate term rate by mid-2021, and that it cannot guarantee that it will be able to do so by the end of 2021. The ARRC encourages all market participants to continue to transition from LIBOR using the tools available now. Read more.
Products and Modalities
Results-Based Lending
Results-based lending (RBL) is a performance-based form of financing, where disbursements are linked to the achievement of results rather than to upfront expenditures, as is the case with traditional investment lending.
Multitranche Financing Facility
ADB's Multitranche Financing Facility (MFF) is a financing modality that supports a client's medium- to long-term investment program or plan.
New Financing Products and Modalities
ADB approved a set of new products and modalities to support implementation of Strategy 2030, by expanding ADB’s product offering to meet the diverse and evolving needs of our developing member countries.
Publications and Documents
2019 Annual Portfolio Performance Report
The annual portfolio performance report (APPR) is a management report that details the state of the sovereign and nonsovereign portfolios of the Asian Development Bank (ADB).
Overview of LIBOR-based Loans: Sovereign and Sovereign-Guaranteed Borrowers
This brochure gives an overview of ADB's London Interbank Offered Rate (LIBOR)-based Loans for its sovereign and sovereign-guaranteed borrowers from 1 January to 30 June 2021.
Chair’s Summary – Mainstreaming the Results-Based Lending for Programs
This document summarizes the discussion of the meeting of the ADB Board of Directors held on 19 September 2019 discussing the proposed policy for Mainstreaming the Results-Based Lending for Programs.
Mainstreaming the Results-Based Lending for Programs
This policy paper proposes that the Asian Development Bank (ADB) mainstream results-based lending (RBL) as a regular ADB financing modality.
Fast Facts
News
ADB, UNICEF Send Medical Supplies to Help Pacific Prepare for COVID-19
A stock of tents and other medical supplies financed by the Asian Development Bank (ADB) and the United Nations Children’s Fund (UNICEF) have been delivered to health authorities in Kiribati, the first stop of a program aimed at helping the Pacific respond to a potential outbreak of the novel coronavirus disease (COVID-19) pandemic.
ADB $100 Million Loan to Mitigate Adverse Health, Economic Impacts of COVID-19 in Georgia
The Asian Development Bank (ADB) has approved a $100 million loan to help the Government of Georgia contain the spread of the novel coronavirus disease (COVID-19) pandemic, mitigate the impact on businesses, and protect the livelihoods of the most vulnerable, including women and children.
ADB Approves $250 Million Support for Nepal's COVID-19 Response
The Asian Development Bank (ADB) today approved a $250 million concessional loan to help the Government of Nepal fund its response to the novel coronavirus disease (COVID-19) pandemic, which includes measures to strengthen the country’s public health systems and mitigate the adverse economic and social impacts of the pandemic, particularly on the poor.
ADB Approves $20 Million to Support Lao PDR's Emergency Response to COVID-19
The Asian Development Bank (ADB) today approved a $20 million loan to support the Lao People’s Democratic Republic’s (Lao PDR) response to the novel coronavirus disease (COVID-19) pandemic.
Contact Us
Financial Products
Deepak TANEJA (Mr) Principal Treasury Specialist Treasury Client Solutions Unit +63 2 8683 1549 E-mail
Disbursements
Loans
Loan Administration Division (CTLA) +63 2 8683 4543 E-mail
Accounting and billing
Loan and Treasury Accounting Section Accounting Division (CTAC-LTA) +63 2 8683 4577 +63 2 8683 4551 E-mail
Loan Administration Division (CTLA) +63 2 8683 4543 E-mail
Accounting and billing
Loan and Treasury Accounting Section Accounting Division (CTAC-LTA) +63 2 8683 4577 +63 2 8683 4551 E-mail
Client portals
Client Portal for Disbursements (CPD)
Only authorized users can access the system. Users can request access by completing registration and evidence of authorized persons forms. Borrowers can also request viewer access. Download the forms. Borrowers and their executing and implementing agencies, can access the CPD through this link: https://cpd.adb.org.
CPD help desk +63 2 8632 4422 E-mail
Loan and Grant Financial Information Services (LFIS)
The LFIS website is for borrowers/recipients and executing agencies. It provides online information on loans and grants basic data, summaries, status of withdrawal applications, contract ledgers, disbursement data and reports to internal and authorized external users.Access requests for LFIS and other system-related issues may be addressed to:
System Support Group SectionController’s Department (CTAC-TFAE SSG) +63 2 8632 4694 E-mailLast updated 26 June 2017