Asian Development Bank

Asian Development Bank (ADB) is a multilateral development finance institution based in Mandaluyong City, Philippines, established in 1966. It aims to promote social and economic development in the Asia and Pacific region, focusing on poverty reduction and sustainable growth. ADB provides a variety of financial assistance, including loans, grants, technical assistance, and equity investments, to its developing member countries. The organization collaborates with governments and other entities to implement projects in sectors such as infrastructure, education, health, and environmental sustainability. Additionally, ADB offers policy dialogue and advisory services to enhance public-private partnerships and mobilizes financial resources through cofinancing operations. Its initiatives span diverse areas, including agriculture, climate change, transportation, and urban development, reflecting its commitment to addressing the region's developmental challenges.