How the Asian Development Bank do?
Member rating: No Rating | Words: | Submitted: Mon Jun 19 2006
On the left is an image preview of every page of this document, and below are the first 150 words with formatting removed:
How the Asian Development Bank do? 1. The operations of the ADB 1.1 The Principal Operation The ADB' s principal mode of operation is the provision of capital assistance for development projects, in the form of loans on either ordinary or concessional terms. Loans from the Bank's ordinary capital resources (OCR) have 2 to 7 year grace period and a maturity period of 10-30 years, and have carried interest rates on its pool-based US dollar loan facility will be 6.69 percent per annum for the period from 1 January to 30 June 2002. ADB will reduce its rate on the outstanding pool-based multi-currency loans from 5.21 percent to 5.08 percent per annum for the same period. Ordinary loans are made for all sectors of bank activity, and have concentrated on the member countries with a relatively high gross national product (GNP) per capita, particularly the Association of Southeast Asian Nations (ASEAN) countries and the...


