quarterly portfolio update as of 30 september 2016 ... november 2016 quarterly portfolio update as...

Download Quarterly Portfolio Update as of 30 September 2016 ... November 2016 Quarterly Portfolio Update as of

Post on 07-Jul-2020

0 views

Category:

Documents

0 download

Embed Size (px)

TRANSCRIPT

  • November 2016

    Quarterly Portfolio Update as of 30 September 2016 This document is being disclosed to the public in accordance with ADB's Public Communications Policy 2011.

  • In preparing our country program or strategy, financing any project, or by making any designation of or reference to a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.

  • CONTENTS Page

    Sovereign Loan and Grant Portfolio 1 ADB Sovereign Portfolio Management Indicators 2 Processing Status of 2016 Firm Loans 3 Processing Status of 2016 Firm Grant-Financed Projects 6 Processing Status of 2016 Firm Technical Assistance Grants 8 Loans Not Yet Signed 9 Grants Not Yet Signed 12 Loans That Became Effective 13 Grants That Became Effective 16 Loans Awaiting Effectiveness 18 Grants Awaiting Effectiveness 19 Loans Closed 20 Loans Closed in the Previous Year but Reported Only in the Current Year 22 Grants Closed 23 TAs Active 90 Days after Completion Date 25 Project Loan Contract Awards/Commitments 27 Project Grant Contract Awards 28 Project and Policy-Based Loan Disbursements 29 Project Loan Disbursements 30 Policy-Based Loan Disbursements 31 Project and Policy-Based Grant Disbursements 32 Project Grant Disbursements 33 Policy-Based Grant Disbursements 34 Status of Policy-Based Loan Tranche Releases 35 Status of Policy-Based Grant Tranche Releases 38 Loans and Grants with Cost Overruns 39 Cancellation of Loan/Grant Proceeds 40 Portfolio Ratings 44 Portfolio Ratings by Indicator 45 Loan Projects with Changes 46 Grant Projects with Changes 50 TAs with Major Change in Scope, Implementation Arrangements, or Both 52 Multitranche Financing Facility with Changes 53 2016 Project Completion Report (PCR/XARR) Program 54 2016 Technical Assistance Completion (TCR) Program 55 Project Administration Missions 57 Technical Assistance Administration Missions 58

  • rogram prods

    1 Excludes partially administered grants (31, 32, 93[UK], 103, 145, 192, 273, 342, 358).

    1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1

    a Exclude (i) cofinanced loans; (ii) loan-related grants; and (iii) TAs.

    Note: Totals may not add up due to rounding.

    SOVEREIGN LOAN AND GRANT PORTFOLIOa (as of 30 September 2016)

    CWRD $14,211

    22%

    EARD $10,812

    16%

    PARD $1,271

    2% SARD

    $24,800 38%

    SERD $14,536

    22%

    Active Loans (amounts in million)

    Total: $65,631

    CWRD $3,979

    63% EARD $98 2%

    PARD $498 8%

    SARD $805 13%

    SERD $888 14%

    Active Grants (amounts in million)

    Total: $6,268

    0

    2,000

    4,000

    6,000

    8,000

    10,000

    12,000

    Actual

    $ m

    ill io

    n

    Historical Loan Disbursements Performance (2012 - Sep 2016)

    2012 2013 2014 2015 Sep 2016

    0

    1,000

    2,000

    3,000

    4,000

    5,000

    6,000

    7,000

    8,000

    Actual

    $ m

    ill io

    n

    Historical Loan Contract Awards/Commitments Performance (without Policy-Based Loans, 2012 - Sep 2016)

    2012 2013 2014 2015 Sep 2016

    1,163

    2,726

    4,710

    8,913

    1,584

    4,076

    5,816

    0

    1,000

    2,000

    3,000

    4,000

    5,000

    6,000

    7,000

    8,000

    9,000

    10,000

    Qtr1 Qtr2 Qtr3 Qtr4

    $ m

    ill io

    n

    2016 Contract Awards and Commitments (without Policy-Based Loans and Grants)

    Projections Actual

    1,713

    3,752

    5,939

    9,347

    1,815

    4,273

    6,439

    -

    1,000

    2,000

    3,000

    4,000

    5,000

    6,000

    7,000

    8,000

    9,000

    10,000

    Qtr1 Qtr2 Qtr3 Qtr4

    $ m

    ill io

    n

    2016 Disbursement Performance1 (with Policy-Based Loans and Grants)

    Projections Actual

    4

    2

    12

    4

    10

    13%

    6%

    38%

    13%

    31%

    0%

    5%

    10%

    15%

    20%

    25%

    30%

    35%

    40%

    0

    3

    6

    9

    12

    15

    CWRD SARD EARD PARD SERD

    Pe rc

    en ta

    ge

    N um

    be r

    Actual Problem Projects ADB: 32 projects

    83% 90%

    70% 66% 79% 81%

    14% 9%

    18% 27% 14% 14%

    3% 1%

    12% 7% 7% 5%

    0%

    10%

    20%

    30%

    40%

    50%

    60%

    70%

    80%

    90%

    100%

    CWRD SARD EARD PARD SERD ADB

    Portfolio Performance Ratings

    On Track Potential Problem Actual Problem

    1

  • I. Loans A. Loan Portfolio

    1 Active Loan Portfolio No.| $mn 573 | 55,317.2 594 | 57,358.5 624 | 60,333.6 657 | 66,675.1 657 | 65,631.2 (a) Project Loans No.| $mn 523 | 50,074.6 539 | 52,319.0 572 | 54,942.3 593 | 56,976.9 598 | 58,810.3 (b) Policy-Based Loans No.| $mn 32 | 3,743.9 31 | 2,690.0 26 | 2,744.7 29 | 5,418.3 21 | 2,168.3 (c) Financial Intermediation Loans No.| $mn 15 | 1,194.8 20 | 1,863.6 16 | 1,464.7 19 | 2,039.2 20 | 2,329.5 (d) Combined Project and Financial Intermediation Loans No.| $mn 3 | 303.9 4 | 485.9 4 | 485.4 6 | 435.0 7 | 495.1 (e) Results-Based Lending No.| $mn 6 | 696.5 10 | 1,805.6 11 | 1,827.9

    2 Average Age of the Active Loan Portfolio Years 3.3 3.3 3.4 3.5 3.8 B. Start-Up Compliance

    1 Loans Approved During the Year a No. | $mn 111 | 10,610.7 102 | 11,768.1 108 | 11,205.0 103 | 13,304.1 62 | 7,024.2 2 Loans Not Yet Signed No. 74 59 54 43 48 3 Loans Awaiting Effectiveness No. 19 25 26 38 14 4 Average Time from Approval to Signing Months 3.8 3.7 3.5 3.5 3.6 5 Months 3.4 3.4 3.4 3.4 3.3 6 No.| % 243 | 50.6 250 | 49.0 252 | 46.3 260 | 45.1 262 | 44.0

    C. Financial Performance 1 Contract/Commitment Achievement (without policy-based loans) $mn 6,587.8 5,777.2 7,591.7 7,450.3 5,231.3 2 Contract/Commitment Ratio b (without policy-based loans) % 24.2 19.7 24.3 22.9 17.2 3 Disbursement Achievement $mn 7,497.6 7,152.0 8,483.4 10,270.2 5,975.4 4 Disbursement Ratio c % 22.9 20.3 22.6 26.4 14.6 5 Imprest Fund Turnover Ratio d % 1.1 1.2 1.3 1.1 1.0 6 Loan Service Payments $mn 5,007.9 7,269.7 5,782.3 5,025.4 4,120.4 7 Net Resource Transfer $mn 2,489.7 (116.7) 2,701.0 5,244.9 1,855.0

    D. Portfolio Ratingse

    1 On Track No.| % 397 | 68.6 463 | 79.0 478 | 80.2 464 | 75.8 507 | 80.7 2 Potential Problem No.| % 117 | 20.2 80 | 13.7 88 | 14.8 106 | 17.3 89 | 14.2 3 Actual Problem No.| % 65 | 11.2 43 | 7.3 30 | 5.0 42 | 6.9 32 | 5.1

    E. Portfolio Supervision 1 Average Supervision Intensity (staff-days/project) f days 23.4 21.8 20.6 21.4 15.8 2 Loans with Extensions No. 161 169 181 182 187 3 Loan Cancellations $mn 468.7 1,155.0 732.9 700.4 570.0

    II. Grants g

    A. Grant Portfolio 1 Active Grant Portfolio No.| $mn 318 | 5,527.3 316 | 5,926.4 312 | 6,151.6 318 | 6,595.5 317 | 6,267.9

    (a) Project Grants No.| $mn 304 | 5,212.6 304 | 5,740.2 305 | 6,019.2 314 | 6,507.1 310 | 6,211.6 (b) Policy-Based Grants No.| $mn 14 | 314.7 12 | 186.3 7 | 132.5 4 | 88.4 7 | 56.4

    2 Average Age of the Active Grant Portfolio Years 3.0 3.2 3.5 3.5 3.6 B. Start-Up Compliance

    1 Grants Approved During the Year a No. | $mn 66 | 969.8 54 | 1,323.2 48 | 632.3 57 | 898.0 35 | 327.1 2 Grants Not Yet Signed a No. 34 29 22 25 21 3 Grants Awaiting Effectiveness No. 4 8 6 16 7 4 Average Time from Approval to Signing Months 3.0 3.2 3.2 3.1 3.1 5 Months 2.0 2.2 2.3 2.4 2.5 6 No.| % 81 | 28.9 86 | 30.9 91 | 32.0 93 | 33.3 97 | 33.6

    C. Financial Performance 1 Contract/Commitment Achievement (without policy-based grants) $mn 904.7 647.6 583.6 696.2 584.4 2 Contract/Commitment Ratio b (without policy-based grants) % 31.6 21.3 19.7 22.7 22.0 3 Disbursement Achievement h $mn 673.2 696.1 571.9 681.4 463.8 4 Disbursement Ratio c % 20.8 20.0 14.4 17.1 11.1 5 Net Resource Transfer i $mn 541.6 581.6 438.0 509.8 293.4 6 Grant Cancellations $mn 49.5 134.8 37.7 20.3 24.7

    III. Technical Assistance (includes nonsovereign TAs) 1 Active TA Portfolio No.|$mn 991 j | 1,379.2 1,069 | 1,626.5 1,070 | 1,665.1 965 | 1,599.0 879 | 1,517.8 2 Average Time from Approval t

View more >