North American Development Bank

(redirected from NADB)
Also found in: Acronyms.

North American Development Bank

Also called the NADB. A binational organization between the United States and Mexico that provides financing for projects intended to improve the environment along the border between the two countries. Specifically, it finances projects certified by the Border Environment Cooperation Commission as being environmentally sustainable. The NADB was established in 1994 as a side agreement along with NAFTA. Its headquarters are in San Antonio, Texas.
References in periodicals archive ?
The bond's rating is aligned with the bank's 'AA' long-term Issuer Default Rating (IDR), as it constitutes a direct, unsecured and general obligation that ranks pari passu and without any preference with all other unsubordinated and unsecured NADB obligations.
"With this vital project, Nogales is addressing wastewater treatment needs that have steadily increased as a result of population growth in the region," Alex Hinojosa, NADB deputy managing director, said in 2012.
Over the past two decades NADB has provided around US$2.5 billion in financing for over 200 infrastructure projects.
NADB is the primary database, which means that other datasets are needed to integrate with it and retrieve addresses from it.
(3) The deterioration in the NADB's asset quality due to the increased
* Certify, by a decision of its Board of Directors, environmental infrastructure projects in the border region to be submitted for financing to the NADB, or to other sources of financing that request such certification.
Bush and President Vicente Fox agreed on a comprehensive review of the specific procedures used by the BECC and the NADB. The review was to focus on the designing, certifying/approving, financing and implementing of environmental infrastructure projects in the shared border region of both countries.
(23.) Vice President's Schedule, Wednesday, 3 December 1958, Richard Nixon Vice Presidential Papers, Box 298, Grace File, National Archives District Branch (hereafter NADB) Laguna Niguel, California.
(33) NABL v Minister for Immigration and Multicultural Affairs [2002] FCA 102 (Unreported, Allsop J, 15 February 2002); NADB v Minister for Immigration and Multicultural Affairs (2002) 189 ALR 293,297.
New York Fitch Ratings has assigned a 'AA' long-term rating to North American Development Bank's (NADB) eight-year Swiss franc unsecured bond issuance.
Net proceeds will be used to fund NADB's lending operations.
"A year ago, at the 23rd Border Governors Conference in Torreon, Coahuila, various governors took turns to rebuke the NADB, calling for fresh blood in the boardroom and a more streamlined method for carrying out the bank's core mission--financing environmental infrastructure projects along the border," said the Rio Grande Guardian.