Operations Manual

Institutional Document | January 2023

This Operations Manual collects ADB's operational policies known as Bank Policies which are short, focused statements that follow from ADB's Charter, ADF and OCR regulations, and policies adopted by the Board of Directors.

This Operations Manual (OM) collects ADB's operational policies known as Bank Policies which are short, focused statements that follow from the Agreement Establishing the Asian Development Bank (the Charter), the Regulations of the Asian Development Fund (ADB), the Regulations of Ordinary and Special Operations (OCR), and operational policies adopted by the Board of Directors.

The OM also includes Operational Procedures that spell out procedural requirements and guidance on the implementation of policies.

Contents 

OM Section Subject   Date of Issue
Group New OM No.   Old OM No.  
A Country Classification and Country Focus
  1 Classification and Graduation of Developing Member Countries 1 1 January 2023
  2 Country Partnership Strategy 45 12 November 2021
  3 Allocation of Concessional Resources x 1 January 2020
B Regional and Subregional Cooperation
  1 Regional Cooperation and Integration 28 19 November 2020
C Sector and Thematic Policies
  1 Poverty Reduction 48 14 July 2004
  2 Gender and Development in ADB Operations 21 6 December 2010
  3 Incorporation of Social Dimensions into ADB Operations 47 6 December 2010
  4 Governance 54 10 February 2022
  5 Anticorruption 55 4 October 2010
  6 Enhancing the ADB's role in Combating Money Laundering and the Financing of Terrorism 56 1 July 2010
D Business Products and Instruments
  1 Lending Policies for Sovereign and Sovereign-Guaranteed Borrowers (Ordinary Capital Resources) 3 5 May 2022
  2 Lending and Grant Policies (Asian Development Fund) 4 5 May 2022
  3 Sector Lending 5 29 October 2003
  4 Policy-Based Lending 6 8 November 2022
  5 Sector Development Programs 17 29 October 2003
  6 Financial Intermediation Loans 6 15 December 2003
  7 Disaster and Emergency Assistance 24, 25 23 May 2022
  8 Guarantee and Security Arrangements for ADB Loans 19 15 December 2003
  9 Credit Enhancement Operations 31 18 December 2007
  10 Nonsovereign Operations 7 24 May 2016
  11 Sovereign Operations 34 27 February 2017
  12 Technical Assistance 18 9 June 2022
  13 Exposure and Investment Limitations on Nonsovereign Operations
[Non-disclosable in accordance with the Access to Information Policy (2018) paragraph 17, (viii).]
x 12 January 2022
  14 Multitranche Financing Facility x 8 August 2022
  15 Transaction Advisory Services   20 October 2017
  16 Project Readiness Financing x 19 October 2018
  17 Small Expenditure Financing Facility x 2 August 2019
  18 Results-Based Lending for Programs x 10 March 2021
  19 Emergency Assistance Loan   23 May 2022
E Partnerships
  1 Financing Partnerships 29 8 January 2020
  2 Japan Fund for Poverty Reduction x 1 March 2011
  3 Development Partnerships 26, 27 28 August 2017
  4 Promotion of Engagement with Civil Society Organizations 23 19 May 2021
F Safeguard Policies
  1 Safeguard Policy Statement x 1 October 2013
G Analyses
  1 Economic Analysis of Projects 36 17 March 2017
  2 Financial Due Diligence in Sovereign Operations 35 6 April 2022
  3 Poverty and Social Analysis x Under preparation
H Financial
  1 Financing of Interest and Other Charges During Construction 9 18 July 2006
  2 Financing Indirect Foreign Exchange Cost of Projects 10 22 October 2008
  3 Cost Sharing and Eligibility of Expenditures for ADB Financing */11 12 January 2017
  4 Retroactive Financing 12 12 January 2017
  5 Additional Financing 13 31 March 2022
  6 Use of Surplus Loan Proceeds 14 29 October 2003
  7 Foreign Exchange Risk 15 5 May 2022
J Project Administration
  1 Project Performance Management System 22 28 October 2011
  2 Consultants 39 6 August 2013
  3 Procurement 38 6 August 2013
  4 Loan Covenants 40 5 May 2022
  5 Effectiveness of the Loan Agreement 41 5 May 2022
  6 Disbursement 42 27 February 2017
  7 Financial Reporting, Auditing, Management, and Monitoring in Sovereign Operations 43 6 April 2022
K Evaluation
  1 Independent Evaluation 44 1 October 2013
L Other Policies and Operational Procedures
  1 Accountability Mechanism 49 24 May 2012
  2 Internal Audit 51 15 December 2003
  3 Access to Information Policy 52 28 January 2019
  4 No-Objection Procedure x 12 January 2017

x - Denotes no OM exists and/or Policy Paper has yet to be written.

Additional Details

Type
Subjects
  • ADB administration and governance

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