ADB - Asian Development Bank

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ADB - Asian Development Bank
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About organisation
The Asian Development Bank is an Intergovernmental International Organization. The Asian Development Bank (ADB) is dedicated to reducing poverty in the Asia and Pacific region through pro-poor sustainable economic growth, social development, and good governance. With headquarters in Manila, ABD has 30 offices around the world with 2,833 staff from 59 members as of 31 December 2010. ADB’s Office of Regional Economic integration (OREI) assists its developing member countries in pursuing open regionalism that serves as a building block to global integration. OREI works towards building a regionally integrated and globally connected Asia and the Pacific by:
  • Promoting regional economic policy dialogue in Asia and the Pacific and providing policy advice;
  • Supporting capacity building and institutional strengthening to help ADB member countries integrate both within the region and with the rest of the world;
  • Conducting research and serving as a knowledge and information center on RCI;
  • Acting as ADB’s focal point for regional infrastructure and financial sector development and developing partnerships with regional forums and international institutions.

Established in 1966, it is owned by 67 member nations, 48 from the region who have committed $167.1 billion in loans to the vision of a region free of poverty.