Abstract
This paper analyses the financial performance of the African Development Bank. A two-pronged approach is applied. Firstly, we conduct a discussion of the role of development banks and the difficulties of finding an appropriate measure with which to assess their performance. Secondly, we develop a data set of the balance sheet and income statements of the African Development Bank (ADB) Group for the period 1970–2000. This is used to conduct a simple statistical analysis of the relationship of variables that might affect the financial performance of the ADB group. The basic finding is that differences in the terms and conditions of financing via the concessional Africa Development Fund (ADF) window, relative to the ADB bank window, have presented the ADB group with a number of challenges. Policy responses involve designing carefully tailored schemes to reduce the level of non-performing ADF grants, creating incentives for recipients of ADF grants to graduate to the ADB loan window, and the greater pursuit of institutional, macroeconomic and microeconomic reforms in ADB group client countries.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: International Journal of Accounting, Auditing and Performance Evaluation
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
