Functions of the Bank

The functions of the Bank are as follows:

  • to assist the borrowing member countries to optimise the use of their resources, develop their economies and expand production and trade
  • to promote private and public investment, encourage the development of the financial upturn in the region and facilitate business activity and expansion
  • to mobilise financial resources from both within and outside the region for development
  • to provide technical assistance to its regional borrowing members
  • to support regional and local financial institutions and a regional market for credit and savings
  • to support and stimulate the development of capital markets in the region