Thursday, April 15th, 2010
The Asian Development Bank (ADB) and ASEAN+3 have established a joint credit guarantee facility to support local currency denominated bonds issued by companies in the region.
ADB's board of directors approved the establishment of the Credit Guarantee and Investment Facility (CGIF), to begin in 2011, as a trust fund with a ...
Posted in Banking News | No Comments »
Saturday, November 28th, 2009
Indonesia is projected to require an investment of up to US$4 billion to finance its energy efficiency program, an Asian Development Bank (ADB) official said.
The investment need means an opportunity for domestic and foreign financial institutions, Director of the ADB Water and Energy Division Anthony Jude said on here Thursday.
"The ...
Posted in Economic News | No Comments »
Saturday, November 28th, 2009
The Asian Development Bank (ADB) has earmarked US$500 million in loans to speed up the second phase of Indonesia`s program to build power plants with a combined capacity of 10,000 megawatts, an ADB official said.
The ADB loans were intended to finance the construction of geothermal power plants as part of ...
Posted in Economic News | No Comments »
