The highest policy-making body of the bank is the Board of Governors, composed of one representative from each member state. The Board of … See more

Aim
The ADB defines itself as a social development organization that is dedicated to reducing poverty in Asia and the Pacific through … See more

ADB provides direct financial assistance, in the form of debt, equity and mezzanine finance to private sector companies, for projects that have clear social benefits beyond the financial rate of return. ADB's participation is usually limited but it leverages a large … See more

More than 50 financing partnership facilities, trust funds, and other funds – totaling several billion each year – are administered by ADB and put toward projects that promote … See more

1960s
As early as 1956, Japan Finance Minister Hisato Ichimada had suggested to United States Secretary of State John Foster Dulles that … See more

The ADB offers "hard" loans on commercial terms primarily to middle income countries in Asia and "soft" loans with lower interest rates to poorer countries in the … See more

ADB partners with other development organizations on some projects to increase the amount of funding available. In 2014, $9.2 … See more