African Development Bank enters new $1 billion exposure exchange with the Asian Development Bank to increase development lending capacity.

July 26, 2023 AELEX Admin 0 Comments

The Board of Directors of the African Development Bank has approved a $1 billion exposure exchange with the Asian Development Bank. The transaction will support its efforts to unlock additional sovereign lending headroom. It will also bolster continued efforts to create buffers within the African Development Bank’s capital adequacy metrics.Read more

 

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