Asian Development Bank

The Asian Development Bank (ADB) is a regional development bank that aims to promote economic and social progress in Asia and the Pacific. It was established in 1966 and is headquartered in Manila, Philippines. ADB provides loans, technical assistance, grants, and equity investments to its member countries, with a focus on reducing poverty, improving infrastructure, and promoting sustainable economic growth. As of 2021, ADB has 68 member countries, including 49 from the Asia-Pacific region and 19 from outside the region.