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The Asian Development Bank (ADB) today signed two new sovereign exposure exchange agreements (EEAs), strengthening ADB’s ability to lend to borrowing members. ADB signed a $1 billion agreement with the African Development Bank (AfDB) and a $1.5 billion agreement with the Inter-American Development Bank (IDB). These two new exchanges bring to five the number of EEAs signed by ADB with these multilateral development banks (MDBs) since 2020, for a total of $6 billion.

ADB Signs New Exposure Exchange Agreements with African Development Bank and...

Yan li - October 26, 2024

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