Annual Report 2020

president
Message from the President
Download (PDF 0.3mb)
annual report
Annual Report 2020
Download (PDF 17.4mb)
Our Response to COVID-19

Our response


to COVID-19

NDB committed to provide up to USD 10 billion for the crisis-related Emergency Assistance Facility, including support for member countries’ economic recovery, in a fast-track process.

The facility comprises up to USD 5 billion for member countries’ most urgent needs, including health-related current expenditures and social safety nets, and up to a further USD 5 billion to support economic recovery.

Due to the agile and lean nature of the Bank’s structure, it was able to swiftly respond to its members’ urgent needs in the face of the global pandemic crisis by seeking swift, but well-considered, BoD approvals. NDB’s responsiveness in the face of the global pandemic was assisted by the Bank’s committees meeting in virtual format.

NDB’s responses during 2020 on COVID-19 related projects were as follows:

  • March
  • April
  • June
  • July
  • Sept
  • Dec
Approved a COVID-19 emergency assistance loan of RMB 7 billion to the Government of China, as the first MDB loan to China for combating the COVID-19 pandemic
Issued the Bank’s first COVID-19 Combating Bond in China, in the amount of RMB 5 billion
Established an Emergency Assistance Facility to meet the emergency needs of member countries
Approved a COVID-19 emergency assistance loan of USD 1 billion to the Government of India
Approved the Policy on Fast-track Emergency Response to COVID-19
Issued the Bank’s inaugural USD 1.5 billion COVID-19 Response Bond in the international capital markets
Provided a COVID-19 emergency assistance loan of USD 1 billion to the Government of South Africa
Approved a COVID-19 emergency assistance loan of USD 1 billion to the Government of Brazil
Issued USD 2 billion bond to further support the COVID-19 emergency response
Approved COVID-19 economic recovery loans to Brazil and India in the amount of USD 1 billion each

Loans & disbursements

NDB’s approved emergency loans to member countries totalled USD 6 billion.
Loans & Disbursements

COVID-19 economic recovery

address Brazil
Loan of
USD 1 billion
To provide access to credit for small and medium enterprises
address India
Loan of
USD 1 billion
To support economic recovery

COVID-19 emergency response loans

address China
Loan of
RMB 7 bn
To support health facilities in Hubei, Guangdong and Hunan provinces
address India
Loan of
USD 1 bn
To support healthcare facilities
address South Africa
Loan of
USD 1 bn
To support healthcare facilities
address Brazil
Loan of
USD 1 bn
To support minimum income for the poor and provide emergency aid

Impact stories

Find out what impact our current investments around the world