ADB to mobilise up to $2.75b of pvt capital through global insurer partnership | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Get the Paper
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Thursday
July 24, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Get the Paper
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
THURSDAY, JULY 24, 2025
ADB to mobilise up to $2.75b of pvt capital through global insurer partnership

Global Economy

BSS
06 May, 2025, 05:40 pm
Last modified: 06 May, 2025, 05:46 pm

Related News

  • Beza, ADB sign deal to evelop 100-200MW solar power project in National Special Economic Zone
  • ADB approves $86.7m fund for displaced people
  • ADB to provide $86m for infrastructure, Rohingyas, host Bangladeshis
  • ADB commits over $1.3bn to transform Bangladesh's development landscape
  • ADB approves $900m in loans to support Bangladesh's banking reforms, climate resilience

ADB to mobilise up to $2.75b of pvt capital through global insurer partnership

BSS
06 May, 2025, 05:40 pm
Last modified: 06 May, 2025, 05:46 pm
Asian Development Bank (ADB) headquarters in Manila. Photo: Collected
Asian Development Bank (ADB) headquarters in Manila. Photo: Collected

The Asian Development Bank (ADB) has signed an agreement with ten leading global insurers to mobilise up to $2.75 billion of private capital to support ADB's lending for sustainable growth in Asia and the Pacific.

The Master Framework Agreement for Sustainable Infrastructure facilitates the growth of the private sector in the region and will allow ADB to increase its lending capacity to projects through the use of credit insurance. 

The partnership was signed with the following highly rated insurers: Tokio Marine Group, Chubb, AXA XL, Liberty Specialty Markets, Coface, Swiss Re, Everest, AXIS Capital, The Hartford, and Allianz Trade. 

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

These insurers will help derisk a portion of ADB's loans to sustainable infrastructure projects allowing ADB to transfer credit risk from its portfolio to insurers' balance sheets, freeing up ADB's capital, managing its exposures and increasing its lending capacity, read an ADB press release. 

"This partnership demonstrates how innovative risk-sharing can attract billions in private capital for sustainable development. By transferring credit risk to global insurers, ADB boosts its lending capacity and creates a replicable model for reducing infrastructure investment risks in emerging markets," said ADB Vice-President Bhargav Dasgupta. 

"This partnership highlights how insurance can mobilise private capital for climate-resilient and inclusive growth," Bhargav added.  

"While climate change priorities are shifting, Tokio Marine Group remains committed to supporting energy transition endeavours, in line with the Japanese government's Green Transformation (GX) strategy. We are delighted to be able to contribute to ADB's private capital mobilisation efforts in the sustainable finance space, by offering a significant participation in ADB's new Master Framework," said Tokio Marine HCC - Credit Group President Jerome Swinscoe.

The program streamlines the underwriting and approval process for credit risk transfers, enabling ADB to mobilise cofinancing capacity more efficiently. 

ADB's loans for infrastructure have supported private sector financing of solar and wind energy, sustainable transport and green data centres. The program will allow ADB to further expand its support and provide the flexibility to offer innovative solutions to develop private sector investment capacity in the region. 

ADB is a leading multilateral development bank supporting inclusive, resilient and sustainable growth across Asia and the Pacific. 

Working with its members and partners to solve complex challenges together, ADB harnesses innovative financial tools and strategic partnerships to transform lives, build quality infrastructure, and safeguard our planet. Founded in 1966, ADB is owned by 69 members, 50 from the region.

Top News

Asian Development Bank (ADB)

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • BB asks female staff to wear 'modest' attire, discourages short-sleeved or length dresses, leggings
    BB asks female staff to wear 'modest' attire, discourages short-sleeved or length dresses, leggings
  • Representational image. Photo: Collected
    US yet to confirm third-round talks as tariff deadline looms
  • Govt amends public service rules further, adding appeal rights, forced retirement
    Govt amends public service rules further, adding appeal rights, forced retirement

MOST VIEWED

  • Photo: Collected
    Bangladeshi man jailed for life in UK for murdering wife in front of their baby
  • Ctg port authority halts contractor recruitment for Kamalapur ICD operations for two months
    Ctg port authority halts contractor recruitment for Kamalapur ICD operations for two months
  • Fire at Cosmo School in Mirpur on 23 July 2025. Photo: TBS
    Fire breaks out at Cosmo School in Mirpur following generator explosion
  • Representational image. File Photo: Rajib Dhar/TBS
    Debate arises as edu adviser says postponed HSC exams of 22 and 24 July will be held on same day
  • The Government Seal of Bangladesh
    Govt mulls allowing trade unions with 20 workers, industry leaders warn of disorder
  • Photo: CA Press Wing
    Stronger stance needed on maintaining law and order: Political parties to CA

Related News

  • Beza, ADB sign deal to evelop 100-200MW solar power project in National Special Economic Zone
  • ADB approves $86.7m fund for displaced people
  • ADB to provide $86m for infrastructure, Rohingyas, host Bangladeshis
  • ADB commits over $1.3bn to transform Bangladesh's development landscape
  • ADB approves $900m in loans to support Bangladesh's banking reforms, climate resilience

Features

Photo: Collected

24 July: More than 1400 arrested, 3 missing coordinators found

1d | Panorama
Photo: Mehedi Hasan/TBS

Aggrieved nation left with questions as citizens rally to help at burn institute

1d | Panorama
Photo: TBS

Mourning turns into outrage as Milestone students seek truth and justice

1d | Panorama
Illustration: TBS

Uttara, Jatrabari, Savar and more: The killing fields that ran red with July martyrs’ blood

2d | Panorama

More Videos from TBS

ISPR reports 31 dead, official tally 29

ISPR reports 31 dead, official tally 29

2h | TBS Today
13 political parties meet with chief advisor; urge to announce election date

13 political parties meet with chief advisor; urge to announce election date

3h | TBS Today
Bangladesh and Pakistan unite to fight drugs

Bangladesh and Pakistan unite to fight drugs

3h | TBS Today
Case Study of Milestone Tragedy

Case Study of Milestone Tragedy

4h | TBS Today
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net