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BAD: the institution publishes a report on a required capital call

18/04/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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The African Development Bank has published a report to clarify the legal framework, processes and governance of a call for capital required by the institution.

The ADB report outlines the circumstances that may lead to a call for due capital, as well as the processes for such a call to be made by the Bank and the response of shareholders.

This exercise follows a recommendation made by the G20 following an independent expert review of MDB capital adequacy frameworks and aims to provide credit rating agencies with key information that they may find useful in their review of the value of capital due.
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