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 ?
Jean Monnet recalled in the early days of its reform and opening up, China borrowed from the World Bank and Asia Development Bank.
Talking to a delegation of Asia Development Bank in Islamabad, he said these complexes would be built under the flagship project titled "Integrated Transit Trade Management System".
The ASEAN-Korea Centre and the Asia Development Bank (ADB) hosted the event.
The sources said that the fact that Pakistan's economic indicators were positive has been acknowledged internationally and recently, Asia Development Bank (ADB) has stated that Pakistan was enjoying growth despite trade contraction.
n The Islamic Development Bank, Asia Development Bank and the national banks of Pakistan must loosen their coffers to build an estimated 37.
By Asia Development Bank and the Asia Development Bank Institute.
The Manila-headquartered Asia Development Bank (ADB) has agreed to provide a loan of US$ 600 million (Rp 8 trillion) to Indonesia to help it upgrade the irrigation system of the nation.
In the summer of 2016, the Asia Development Bank forecast that by 2050 Asia will be generating half of the world's GDP.
The Asian Infrastructure Investment Bank (AIIB) is collaborating with the World Bank (WB) and the Asia Development Bank (ADB) and the three banks will approve the first lot of co-financed projects in June, Xinhua has reported.
Construc tion of a seapor t in Kampot is set to begin this year - two years after being originally approved - thanks to an $18 million loan from the Asia Development Bank (ADB), officials said.
We are proud that world renowned lenders like Asia Development Bank and International Finance Corporation participated in the funding deal with Ooredoo Myanmar to further expand our network and distribution in the country.
8 per cent in 2015 and six per cent in 2016, as the region's economies remain resilient to continued economic weakness in industrialised countries, says a new Asia Development Bank report.

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