Asian Development Bank


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Asian Development Bank

A financial_institution established in 1966 to reduce poverty in the Asia-Pacific region. The bank is headquartered in Manila, Philippines and consists of 61 member countries.

Asian Development Bank

A bank that promotes economic growth and international development in the Asia-Pacific region of the world. It finances its activities with bonds and works closely with the International Monetary Fund and the World Bank toward accomplishing its goals. Its two largest shareholders are the United States and Japan. It was established in 1966 and is headquartered in Manila, Philippines.
References in periodicals archive ?
In turn, the President of the Asian Development Bank thanked for the decision to host the annual meeting in Astana and noted that the event will be attended by more than 3,000 delegates from all over Asia.
27 November 2002 -- The Asian Development Bank (ADB) approved a US $3 million grant to enroll more poor girls and children of ethnic minorities in lower secondary education in Cambodia.
Asian Development Bank (ADB) has decided to launch several power energy projects in its 14 member countries including Pakistan to generate wind and solar energy.
According to the Asian Development Bank, the newly industrialized countries of Southeast Asia grew by an average of 7 percent in 1999, after their economies had contracted by 1.
The outlook is based on the International Monetary Fund's experience with the Asian currency crisis that started in Thailand in the summer of 1997, Masaru Yoshitomi, dean of the Asian Development Bank Institute, said during a lecture meeting in Tokyo.
The international lending institution said Wednesday that it would send a team of experts to Jakarta as soon as possible to work out details and would cooperate closely with World Bank and Asian Development Bank teams already in the field.
Some $50 billion is lent each year by the multilateral financial institutions (MFIs) like the World Bank, the International Finance Corporation,the European Bank for Reconstruction and Development, the Asian Development Bank and the Inter-American Development Bank.
Brian Ranson Address Best Practices in Credit Risk to National Institute of Bank Management Seminar and Asian Development Bank Meetings
The undertaking of the R-CDTA is in line with the third and fourth core areas of operations - regional cooperation and integration and finance sector development - indicated in Strategy 2020: the Long-Term Strategic Framework of the Asian Development Bank 2008 2020.
LAHORE -- A delegation of Asian Development Bank (ADB) led by its Vice President Wencai Zhang called on Punjab Chief Minister Shahbaz Sharif here on Thursday.
Government has approved amendments to the financing agreement between Kyrgyzstan and the Asian Development Bank for the project of the energy sector rehabilitation, which was signed on September 12, 2012 in Bishkek.
India-based Yes Bank (NSE: YESBANK) has received funding from the Asian Development Bank.

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