Credit Policy and Loan Allocation Process of NDB
According to the 2022–2026 Strategic Document, the New Development Bank (NDB) has established its credit policies to support government, private, and joint projects. These policies are designed to provide financial and technical backing for large-scale development and infrastructure projects in member countries and other emerging economies.
Main Areas of Financial and Technical Support
Under this strategic framework, the NDB supports projects across six key areas:
- Clean energy and energy efficiency
- Transport infrastructure
- Water and wastewater management
- Environmental protection
- Digital infrastructure
- Social infrastructure
According to the strategic document, the total approved project volume for the 2022–2026 period is set at USD 30 billion. Of this amount, 30% must be disbursed in local currency, and 30% of the total funding should be allocated to non-governmental sectors.
Financing Projects in Non-Member Countries
As per Article 19 of the bank’s agreement, financing for projects in non-member countries can also be considered, provided that:
- They are guaranteed by the government of a member country, and
- They serve the interests of at least one NDB member.
Project Evaluation and Loan Allocation Process
The NDB’s project assessment and approval process consists of six stages:
- Project identification
- Project idea preparation
- Project design and evaluation
- Internal review post-evaluation
- Loan negotiations and project approval
- Implementation, disbursement, and monitoring
The bank has stated that this process should be completed within a six-month period to accelerate the execution of development and infrastructure projects.
