The ADB’s board of directors recently approved this package which aims to develop the non-banking financial sector, including markets for bonds and shares, as well as to consolidate regulations and rules to improve transparency, and protect investors and consumers as well as the overall stability of the financial market.

This new loan package is expected to increase the rate of domestic investment and raise the legal climate of the capital markets to international standards through improving the release of information.

The loans have a 24-year term, with an extension of eight years.