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What are the terms and conditions of ADB loans?

April 26, 2017ADB Conditions Loans terms

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What are the terms and conditions of ADB loans?

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ADB offers its public and private sector borrowers LIBOR-based loan (LBL) carrying a floating lending rate that consists of a six-month LIBOR and a spread fixed over the life of the loan. ADB’s lending rate for Government loans is LIBOR+0.60 ADB spread, usually with a repayment period of 20 years including a grace period of 4-5 years. ADB also charges a front-end fee of 1% and annual commitment fee of 0.75% computed on the scheduled undisbursed portion of the loan. View today’s indicative lending rates.