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

Rongcheng County Xinrong City Development Co Ltd

CompanyJul 22, 2024active

CNOOD ASIA LIMITED

CompanyMar 16, 2021inactive

NATIONAL ALIMENTATION SERVICES

CompanyMar 27, 2018active

CONTACT EURO LLC

CompanyOct 22, 2012active

Jiangxi Tianfeng Construction Group Co Ltd Mingshui Branch

CompanyJun 27, 2023active

Inner Mongolia Yuanshan Energy Co Ltd

CompanyMay 11, 2023active

INTERNATIONAL EPIROTIC CONSTRUCTION AND TRADING SA DITE SA

CompanyOct 28, 2015active

Hebei Construction Group Corporation Limited Chengde Concrete Branch

CompanyJul 22, 2024active

Ms Pir Azmat Shah Sons

CompanyJul 13, 2022active

Hebei Construction Group Corporation Limited Installation Branch

CompanyJul 22, 2024active

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.