Asian Development Bank

The Asian Development Bank (ADB), established in 1966 and headquartered in Mandaluyong City, Philippines, is a multilateral development finance institution dedicated to promoting economic and social development in its developing member countries across the Asia and Pacific region. ADB provides a range of financial assistance, including loans, grants, equity investments, and technical assistance, aimed at addressing various development challenges. The bank focuses on key areas such as agriculture, education, energy, health, climate change, and infrastructure. It partners with member governments and other financial institutions to implement projects that foster economic growth and sustainable development. ADB also engages in policy dialogue and transaction advisory services to encourage public-private partnerships, while its strong credit rating enables it to mobilize funds through bond issues in global capital markets. With a network of 29 resident missions and several representative offices, ADB plays a crucial role in addressing the diverse needs of its member countries and enhancing regional cooperation.