The Asian Development Bank has outsourced its derivatives collateral management activities to ABN Amro. As part of the same arrangement ABN Amro Mellon Global Securities Services has also been appointed to act as global custodian for all ADB's collateral.

The deal is a coup for ABN which is building up its collateral management activities. In a similar deal last year ABN took over the European Investment Bank's (EIB) derivatives collateral management, as well as the EIB's related custody activities.