THE REGIONAL MULTILATERAL
Of the five multilateral development banks (MDBs), four are regional, covering Africa, Asia, Europe and Central Asia, and Latin America. The fiscal years (FYs) of all the regional MDBs are calendar years. To go to the websites of these MDBs, click on the green buttons below. To return to this page from the websites, click on the back button of your browser. For details of the lending of each of the Banks, click on the links to the left.
The AfDB was established in 1966 and has 77 members, of which 53 are regional holding 64% of Bank voting power (Nigeria holds 10.2%), and 25 non-regional (now including Turkey) holding 36% (US holds 5.9%, Japan 4.9%). The Bank's lending in FY 2009 was equivalent to $12.6 billion. Its country operations are organized in five groups of West, Central, East, North, and South. Officially its headquarters is in Abidjan, Cote d' Ivoire, but it is currently located in Tunis Belvedere, Tunisia.For lending details, click here.
The ADB was established in 1966, and has 67 members, of which 48 are regional with 65% of Bank voting rights (of which Japan has 12.9%), and 19 non-regional with 35 % (US holds 12.9%). Its lending in FY 2009 was $13.2 billion. The ADB's country operations are organized in five regional groups – East and Central Asia, Southeast Asia, Mekong Region, South Asia, and Pacific. It's located in Manila, Philippines. For lending details, click here.
The EBRD, established in 1991 to "foster transition" in Eastern Europe, operates in 29 countries and has 61 members, including Mongolia, plus the EU and the EIB. The US has a10% share; France, Italy, Germany, UK, and Japan have 8.5% each. The EBRD's commitments in FY 2009 were equivalent to $11.2 billion. Some 80 - 90 percent of its commitments go to private projects. The EBRD has three country and three business groups and is located in London, England. For lending details, click here.
The IADB was established in 1959. It now has 48 members, including 26 regional borrowing members with 51.5% of Bank voting rights (Argentina and Brazil 11.07% each), and 22 non-regional with 48.5% (US has 31.8%). The Bank's lending in FY 2009 was $15.5 billion. Traditionally the IADB has been the most decentralized of the MDBs. Its country operations are organized in three regional operational groups and it's located in Washington, DC, USA. For lending details, click here.
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Last updated September 08, 2010