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Add to Preferred SourcesThe Asian Development Bank was conceived in the early 1960s as a financial institution that would be Asian in character and foster economic growth and cooperation in one of the poorest regions in the world.
ADB assists its members, and partners, by providing loans, technical assistance, grants, and equity investments to promote social and economic development. ADB is composed of 67 members, 48 of which are from the Asia and Pacific region.
The Asian Development Bank aims for an Asia and Pacific free from poverty. Its mission is to help developing member countries reduce poverty and improve the quality of life of their people. Despite the region’s many successes, it remains home to a large share of the world’s poor: 330 million living on less than $1.90 a day and 1.2 billion on less than $3.10 a day.
ADB in partnership with member governments, independent specialists and other financial institutions is focused on delivering projects in developing member countries that create economic and development impact.
ADB maximizes the development impact of its assistance by facilitating policy dialogues, providing advisory services, and mobilizing financial resources through cofinancing operations that tap official, commercial, and export credit sources.
Areas of focus and results
ADB operations are designed to support the three complementary agendas of inclusive economic growth, environmentally sustainable growth, and regional integration. ADB employs its limited resources in its areas of comparative strength—the core areas of:
- Infrastructure (energy, information and communications technology, transport, urban development, water)
- Environment
- Regional cooperation and integration
- Finance sector development
- Education
ADB also operates on a limited scale in other areas, including:
- Health
- Agriculture and natural resources
- Public sector management
Where does ADB get its funding?
ADB raises funds through bond issues on the world’s capital markets. The bank also relies on its members’ contributions, retained earnings from lending operations, and the repayment of loans. In addition, ADB provides loans and grants from a number of special funds.
How much assistance does ADB provide?
ADB’s total operations of $32.2 billion in 2017 consisted of $20.1 billion in loans, grants, and investments from its own resources (up 51% from 2016) including nonsovereign operations of $2.3 billion (a 31% increase from 2016); $11.9 billion in co-financing from bilateral and multilateral agencies and other financing partners; and $201 million in technical assistance (a 11% increase from 2016).
Discover current funding opportunities offered by ADB by checking our Funding section. If you want to learn more about ADB’s Country Strategy Partnerships, go to Country Strategy Papers. For ADB’s Procurement Guidelines, follow Procurement Guidelines.