You are here

ADB may need capital increase, says president

Bank faces the huge challenge of providing for Asia's infrastructure and other development needs

JAPADB5765.jpg
Asian Development Bank president Takehiko Nakao gave notice on Tuesday that the ADB might need to approach its 67 shareholder countries for a further capital increase, as it gears up to face the massive challenge of providing for the infrastructure and other development needs of the Asian region.

Baku, Azerbaijan

ASIAN Development Bank president Takehiko Nakao gave notice on Tuesday that the ADB might need to approach its 67 shareholder countries for a further capital increase, as it gears up to face the massive challenge of providing for the infrastructure and other development

sentifi.com

Market voices on:

Powered by GET.comGetCom