Download Asian Development Bank at a Glance (May 2016)

Asian Development Bank at a Glance
ADB’S LOAN PORTFOLIO
Outstanding Effective Loans as of 31 December 2015: $87.8 billion
ABOUT THE ADB
ADB’s vision is an Asia and Pacific
region free of poverty. Its mission
is to help its developing member
countries reduce poverty and
improve the quality of life of their
people. Despite the region’s many
successes, it remains home to half
of the world’s extreme poor. ADB
is committed to reducing poverty
through inclusive economic growth,
environmentally sustainable growth,
and regional integration.
Based in Manila, ADB is owned
by 67 members, including 48 from
the region. Its main instruments
for helping its developing member
countries are policy dialogue, loans,
equity investments, guarantees,
grants, and technical assistance.
ASIA’S POVERTY CHALLENGE
• It remains home to half of the
world’s poor
• 451 million in developing Asia
live on $1.90 a day
• 260 million people lack access to
improved drinking water supply
• 1.5 billion people are still without
sanitation access
• 1 out of 24 children dies before
reaching age 5
FAST FACTS
President: Takehiko Nakao
Headquarters: Manila, Philippines
Founded: 1966
As of 31 December 2015
Field offices: 31
Total employees: 3,105
Nationalities employed: 59
Ordinary Capital Resources (OCR) Outstanding Effective Loans include
Loans Outstanding at $61.9 billion (gross) and Undisbursed Effective Loans at $25.9 billion.
Sovereign at $81.8 billion (93%) and Non-sovereign at $6.0 billion (7%).
Viet Nam, 6.3%
Others, 19.7%
Philippines, 6.8%
Pakistan, 8.4%
By
Borrower
People’s Republic
of China, 24.3%
Indonesia, 10.5%
India, 24%
Energy, 21.9%
Transport, 37.7%
Public Sector
Management,
10.3%
By
Sector
Water Urban
Infrastructure, 9.2%
Others, 1.7%
Education, 2.7%
Finance, 7.9%
Multi-Sector, 3.2%
Agriculture &
Natural Resources, 5.4%
HOW WE HELPED IN 2015
Total approved financing in 2015: $27.17 billion
Includes Ordinary Capital Resources, Special Funds Resources and Cofinancing Operations
Loans
$15,455 million
Cofinancing
including Trust Funds
$10,735 million
Grants
$365 million
Guarantees
$341 million
By
Approvals
Technical Assistance
$141 million
Equity Investments
$134 million
Funding Operations
MATURITY PROFILE OF OUTSTANDING BORROWINGS (As of 31 March 2016)
Based on notional amounts. Bonds with put and call options were considered maturing on the
next put or call date. Includes ECPs.
US$ bn
18.00
15.58
16.00
14.00
12.99
12.00
10.50
10.00
9.38
7.96
8.00
6.00
5.03
4.00
2.99
2.00
0.41
0.00
2023
2024
0.00
2016
2017
2018
2019
2020
2021
2022
2.54
2.33
2025
2026
onwards
FUNDING VOLUME
Excluding Euro-Commercial Papers (ECPs). Year 2016 figures include trades up to 22 April 2016.
Ave. maturity
in years
7
$bn
20.0
18.0
6
16.0
14.0
5
12.0
4
10.0
8.0
3
6.0
2
4.0
2.0
0.0
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
Global $/€ Benchmark Bonds
Public Bond Issues
Local Currency
1
Other private placements
(institutional,Uridashi, retailtargeted)
Structured private
placements
0
Average maturity
(based on first call date)
2015 Apr-16
ADB AS A BORROWER
• ADB is a leading AAA borrower in international and domestic capital markets having
issued bonds across various markets in 32 currencies.
• ADB is AAA-rated by Standard & Poor’s, Moody’s and Fitch based on strong
fundamentals: strong shareholder support, solid financial profile, and conservative
financial policies.
• Callable capital ($139.7 billion as of 31 December 2015) is available for debt service
payments and provides the ultimate backing for ADB’s borrowings and guarantees.
ADB has never made a call on its callable capital.
• Around 93% of ADB’s loans are to the sovereign portfolio. ADB has never suffered any
losses of principal on sovereign loans and does not take part in debt rescheduling.
• The total amount of disbursed loans, disbursed equity investments, and the related
prudential buffer, and the maximum amount that could be demanded from ADB
under its guarantee portfolio may not exceed the total amount of ADB’s unimpaired
subscribed capital, reserves and surplus, exclusive of the special reserve.
• ADB’s borrowing policy limits ADB's gross outstanding borrowings to no more than
the sum of callable capital of non-borrowing members, paid-in capital, and reserves
(including surplus).
BALANCE SHEET AS OF 31 DECEMBER 2015
Net Loans*
Investments
Other**
Assets
$bn
61.9
23.3
32.5
%
53
20
27
Total Assets
117.7
100
Borrowings
Equity
Other**
Total
Liabilities and
Equity
Liabilities & Equity
$bn
66.1
17.4
34.2
117.7
* Net of allowance for loan losses and inclusive of net unamortized loan origination costs.
** Mostly derivative assets and liabilities. Net derivative liability is $2.7 billion.
%
56
15
29
100
Contact Us
ASIAN DEVELOPMENT BANK
Treasury Department
Funding Division
6 ADB Avenue, Mandaluyong City
1550 Metro Manila, Philippines
Bloomberg: ADB <GO>
Email: [email protected]
Tel. No.: +632 683-1204
Fax No.: +632 632-4120
ADB Website:
www.adb.org
Investor Website:
www.adb.org/site/investors/main
Funds and Resources:
www.adb.org/site/funds/main
ADB Green Bonds:
www.adb.org/site/investors/adb-green-bonds
Annual Report:
www.adb.org/documents/series/adbannualreports
Asian Development Outlook:
www.adb.org/publications/series/asiandevelopment-outlook
May 2016. Frankfurt.