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

Zytron Systems

CompanyOct 14, 2024active

Hebei Construction Group Corporation Limited Qiu County Branch

CompanyJul 22, 2024active

Pyramid EC Co Ltd

CompanyFeb 9, 2022active

Egis International SAS

CompanyFeb 26, 2024active

PT AREABANGUN PUTRA SEJATI

CompanyJan 28, 2019active

TIS CONSULTANTS COMPANY LIMITED

CompanyOct 6, 2011active

CONSTRUCTORA NORBERTO ODEBRECHT DE PANAMÁ, SA

CompanyMar 4, 2019inactive

Royal Thai Construction Co Ltd

CompanyMay 22, 2024active

CASMUSA Corporation, SAC

CompanyJan 30, 2016inactive

REWA WASTE 2 ENERGY PROJECT LIMITED

CompanyFeb 4, 2022inactive

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.