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Two of the biggest multilateral financing institutions extended loans, aid, grants and guarantees worth a record $116 billion last year.
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                    [Title] => ADB to set up $3-billion emergency loan facility to combat crisis
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BALI (Xinhua) -- Haruhiko Kuroda, president of the Asian Development Bank, announced here on Saturday the lender would establish a $3-billionemergency loan facility to help developing member countries cope with the financial crisis in 2009-2010.
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COUNTERCYCLICAL SUPPORT FACILITY

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abtest

WB, ADB lend record $116 billion in 2009

By Ted P. Torres | April 23, 2010 - 12:00am

Two of the biggest multilateral financing institutions extended loans, aid, grants and guarantees worth a record $116 billion last year.

Business

ADB to set up $3-billion emergency loan facility to combat crisis

May 2, 2009 - 12:45pm

BALI (Xinhua) -- Haruhiko Kuroda, president of the Asian Development Bank, announced here on Saturday the lender would establish a $3-billionemergency loan facility to help developing member countries cope with the...