Saturday, August 16, 2014

Asian Development Bank(ADB)

Asian Development Bank finances development in the Asia and Pacific region with the aim of reducing poverty.

ADB helps developing member countries tackle poverty by providing loans, technical assistance and grants for a broad range of development activities.


MottoFighting poverty in Asia and the Pacific
Formation22 August 1966
TypeRegional organization
Legal statusTreaty
PurposeCrediting
HeadquartersMandaluyong CityMetro ManilaPhilippines
Region servedAsia-Pacific
Membership67 countries
PresidentTakehiko Nakao