Financial Information

03-Mar-2020

March 2020 Exchange Rates

03-Feb-2020

February 2020 Exchange Rates

30-Jan-2020

Investor presentation - January 2020

Investor presentation - January 2020
27-Jan-2020

Fitch Ratings 2019

The ‘AAA’ rating of African Development Bank (AfDB) is driven by strong extraordinary support it receives from its shareholders, which Fitch Ratings assesses at ‘aaa’. This is based on the agency’s expectation that the bank’s net debt will be fully covered by callable capital from ‘AAA’ rated shareholders over the rating horizon. The shareholders’ strong propensity to support AfDB has been demonstrated by the recently approved capital increase (General Capital Increase VII, of USD115 billion or +125%).
27-Jan-2020

Japan Credit's Rating - News release - June 2019

The African Development Bank (the Bank) is a multilateral development bank (MDB) with the mandate to support the sustainable economic development and social progress of its regional member countries. The ratings mainly stem from the solid support to the Bank’s operation from its regional and non-regional member countries; its solid financial base; its prudent financial and risk management policies; and its status as a "preferred creditor". President Akinwumi Adesina has been promoting the Bank’s mandate by implementing the “High 5s” priorities to accelerate its Ten- Year Strategy (2013-2022...
27-Jan-2020

Standard & Poor’s Ratings - January 2020

Issuer Credit Rating Foreign Currency AAA/Stable/A-1+
03-Jan-2020

January 2020 Exchange Rates

10-Dec-2019

December 2019 Exchange Rates

12-Nov-2019

November 2019 Exchange Rates

11-Nov-2019

Moody's Rating 2019

The credit profile of the African Development Bank (AfDB) is supported by the bank's robust capital buffers and superior risk management, which mitigate credit risks associated with its development-related assets. The bank's credit quality also benefits from an ample liquidity buffer and unfettered access to local and international capital markets, which support its ability to meet debt service obligations. Moreover, the bank has a long track record of being the premier development institution in Africa and benefits from shareholders' ability and willingness to support its development...
30-Oct-2019

ADB applicable lending rates for standard1 non sovereign guaranteed loans - From 1 August 2019 to 31 January 2020

the six (6) month reference rate for USD, YEN (6m Libor) and EUR (6m Euribor) resets on 1 February and 1 August; (ii) the three (3) month reference rate for the ZAR (3m Jibar) resets on 1 February, 1 May, 1 August and 1 November for loans approved after 1 January 2009
30-Oct-2019

ADB applicable lending rates for sovereign guaranteed loans - From 1 August 2019 to 31 January 2020

The applicable Lending Spread is 80bps for FFL approved from 01-Sep-16; 60 bps for FFL approved from 03-Mar-2016 to 31-Aug-16; 60 bps for EVSL approved after 01-Jan-2011; 40 bps for EVSL and VSL approved between 21-Jan-09 and 31-Dec-10 and 50 bps for loans approved before 4-may-05
02-Oct-2019

2019 - Information Statement

The African Development Bank (the “Bank” or “ADB”) intends from time to time to issue debt securities (the “Securities”) with maturities and on terms related to market conditions at the time of sale. The Securities may be sold to dealers or underwriters, who may resell the Securities in public offerings or otherwise. In addition, the Securities may be sold by the Bank directly or indirectly through agents.
02-Oct-2019

October 2019 Exchange Rates

October 2019 Exchange Rates 
27-Sep-2019

AfDB Group Financial Presentation - 2019

03-Sep-2019

September 2019 Exchange Rates

September 2019 Exchange Rates 
12-Jun-2019

Zambia-HIPC Approval Document for Zambia: Decision Point under the Enhanced Framework

The Boards of Directors approved the Bank Group’s participation in the enhanced HIPC Initiative, on July 6, 2000. During this meeting, Management’s proposal for the delivery modalities and financing arrangements were also approved. Accordingly, the Bank Group would provide its debt relief by releasing eligible countries from up to 80 percent of their annual debt service obligations until the total debt relief is delivered. Debt service delivery would commence at the decision point, with no more than 40 percent of HIPC assistance being provided during the interim period, viz., between the...
11-Jun-2019

Guinea Bissau - Completion Point Document HIPC Initiative

On 16 December 2010, the Republic of Guinea Bissau became the 26 th R egional M ember C ountry to reach the end of t he HIPC initiative process by attaining the completion point , more than ten years after reaching the decision point in December 2000 . The refore, the Boards of Directors of the IM F and the World Bank approved a debt relief of US$ 42 1 . 7 millio n in end 1999 N et P resent V alue (NPV) terms , and a special assistance estimated at US$ 13 2 . 6 million i n end 2009 NPV terms , to bring Guinea Bissau’s external debt down to sustainable levels . The gradual improvement of the...
17-May-2019

April 2019 Exchange Rates

14-Mar-2019

Investor presentation - March 2019