The 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.
As a multilateral development finance institution, ADB provides:
- technical assistance
Our clients are our member governments, who are also our shareholders. In addition, we provide direct assistance to private enterprises of developing member countries through equity investments and loans.
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