Asian Development Bank Sanctions

The Asian Development Bank (ADB) imposes sanctions to maintain integrity and ensure fair practices in its operations. These sanctions are applied to individuals, firms, or organizations found to have committed fraud, corruption, or other unethical behaviors during ADB-Funded projects. The goal is to protect the adb’s financial resources and promote accountability.

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1,632 Entities in Asian Development Bank Sanctions
Entity NameEntity TypeEffective DateStatus

Hebei Construction Group Corporation Limited Dengfeng Branch

CompanyJul 22, 2024active

THE MEDITERRANEAN OF BUILDING AND CONSTRUCTION

CompanyAug 30, 2018inactive

ASIA PACIFIC CONSULTANT JOINT STOCK COMPANY

CompanyDec 20, 2018active

BERKY GMBH

CompanyDec 9, 2020inactive

PT. Trippcons International

CompanyDec 14, 2021active

AFRICA DEVELOPMENT PROFESSIONAL GROUP LTD

CompanyNov 24, 2021active

Shaanxi Jiaming Industry Co. Ltd.

CompanyAug 7, 2020active

Hengshui Jizhou District Jiuchen Construction Development Co Ltd

CompanyJul 22, 2024active

SAVOIR SOFT SOLUTIONS PVT LTD

CompanyApr 10, 2014active

Branch of Canada Construction Cooperation Limited

CompanyFeb 9, 2022active

FAQs

Why is compliance with Asian Development Bank Sanctions necessary?

Compliance with sanctions imposed by the Asian Development Bank (ADB) is crucial for several reasons. First, these sanctions aim to promote fairness and integrity in development projects. By adhering to ADB sanctions, organizations help maintain a level playing field, ensuring that all entities operate according to the same standards.

Which companies should comply with Asian Development Bank Sanctions?

Businesses in sectors like finance, construction, and technology must comply with Asian Development Bank (ADB) sanctions. Compliance is crucial as it helps prevent financial dealings with restricted entities. Following these sanctions safeguards your organization from legal risks and promotes ethical practices, ensuring you do not inadvertently support activities that harm regional stability and growth.