This morning Asian Development Bank (ADB) and 13 commercial
banks signed a B-loan to a wastewater treatment company in
China. It highlighted the multilateral’s efforts
to bring regional and international banks into infrastructure
The commercial banks’ $288 million B-loan
– upsized from $120 million – to Beijing
Enterprise Water Group (BEWG) is the largest such loan arranged
by ADB to date.
While B-loans are a fairly established tool for ADB to
involve commercial banks in financing projects, the commercial
banks’ demand for this B-loan could signal more
deals to come from the multilateral.
"The B-loan is to perpetuate our development mission with
partner banks to promote reuse of treated wastewater as a
strategic option for sustainable water management, " said
Hisaka Kimura, ADB’s East Asia head of private