International regional
development banks
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Contents
Regional development
bank – definition and
purpose
Major international
regional banks
Asian Development Bank
Inter-American
Development Bank
African Development
Bank
Eurasian Development
Bank
Conclusion
Regional Development Bank (RDB)
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RBD is a financial institution established to provide investment
capital for startup businesses and businesses in low or
middle-income countries.
RDBs provide financial assistance to businesses through the
allocation of low-interest loans and grants for developing
businesses. RDBs are multilateral financial institutions
established by a country or group of countries to help developing
businesses both financially and technically.
Regional Development Banks
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Four institutions are summed up to Regional Development Banks:
● African Development Bank (AfDB);
● Asian Development Bank (ADB)
● European Bank for Reconstruction and Development (EBRD)
● Inter-American Development Bank (IDB).
Asian Development Bank (ADB)
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The Asian Development Bank (ADB) is committed to achieving a
prosperous, inclusive, resilient, and sustainable Asia and the Pacific,
while sustaining its efforts to eradicate extreme poverty.
Mission:
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assist its members and partners by providing loans, technical
assistance, grants, and equity investments to promote social and
economic development
provide its members in Asia and the Pacific with the knowledge
and expertise to tackle global development challenges, such as
climate change, water security, inequality and poverty
Inter-American Development Bank
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Headquartered in Washington, D.C.;
48 member countries, including 26 borrowing members
in Latin America and the Caribbean and 22 non-borrowing
members in Asia, Europe, and North America;
formally established in 1959, however the first ideas of its
creation had been proposed almost a century before
Inter-American Development Bank
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The overarching goal of the institutional strategy is to promote
sustainable growth and reduce poverty and inequality in Latin
America and the Caribbean through work in six priority areas:
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Social inclusion and equality
Production and innovation
Economic integration
Gender equality and diversity
Climate change and sustainability
Institutional capacity and the rule of law
African Development Bank (AfDB)
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The African Development Bank (AfDB) is a regional multilateral
development finance institution dedicated to fighting poverty and
improving the living conditions of people in Africa.
Its mission focuses on promoting economic and social development across
the continent.
The African Development Bank Group finances projects, programs and
studies in the areas of agriculture, health, education, public utilities,
transport and telecommunications, the industry and the private
sector.
African Development Bank (AfDB)
Headquarters: Abidjan, Côte d'Ivoire
Established in 1964
51 regional members and 24 non-regional members
President: Akinwumi Adesina
Constituent Institutions:
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The African Development Bank (ADB)
The African Development Fund (ADF)
The Nigeria Trust Fund (NTF)
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Eurasian Development Bank (EDB)
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The Eurasian Development Bank (EDB) is a regional
development bank established in 2006.
Its member states include:
● Armenia
Share capital USD 7 billion
● Belarus
● Kazakhstan
Observer in the UN General Assembly
● Kyrgyz Republic
EDB Board Chairman ● Russian Federation
Nikolay Podguzov
● Tajikistan
Headquarters: Almaty, Kazakhstan
Eurasian Development Bank (EDB)
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The mission of the EDB is to facilitate the development of its
member states by providing financial assistance, promoting
integration, and implementing various projects to enhance
economic growth and stability within the region.
The following projects were implemented with EDB participation and
financing:
● Reconstruction of the terminal of Almaty Airport (Kazakhstan)
● Construction of the Polotsk HPP on the Western Dvina River (Belarus)
● Construction of the Western High-Speed Diameter (Russia)
● Financing the construction and operation of the Kulanak HPP
(Kyrgyz Republic)
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Conclusion
References
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Inter-American Development Bank | We are the IDB About the IDB
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IAEA International Atomic Energy Agency | Asian Development
Bank Asian Development Bank (ADB) | IAEA
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Inter-American Development Bank
https://en.wikipedia.org/wiki/Inter-American_Development_Bank
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African Development Bank https://www.afdb.org/en
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Eurasian Development Bank https://eabr.org/en/
Thank you for your attention