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Our Vision - an Asia and Pacific Free of Poverty

ADB is an international development finance institution whose mission is to help its developing member countries reduce poverty and improve the quality of life of their people.

Headquartered in Manila, and established in 1966, ADB is owned and financed by its 67 members, of which 48 are from the region and 19 are from other parts of the globe.

ADB's main partners are governments, the private sector, nongovernment organizations, development agencies, community-based organizations, and foundations.

Under Strategy 2020, a long-term strategic framework adopted in 2008, ADB will follow three complementary strategic agendas: inclusive growth, environmentally sustainable growth, and regional integration.

In pursuing its vision, ADB's main instruments comprise loans, technical assistance, grants, advice, and knowledge.

Although most lending is in the public sector - and to governments - ADB also provides direct assistance to private enterprises of developing countries through equity investments, guarantees, and loans. In addition, its triple-A credit rating helps mobilize funds for development.


Focus


This short video gives an overview of ADB's role in the development of the region, amidst the challenges of the 21st century. | View on bigger screen (recommended)
ADB Fast Facts
President: Haruhiko Kuroda
Headquarters: Manila, Philippines
Founded: 1966
Members: 67
Regional members: 48
Nonregional members: 19
Field offices: 30
Total employees: 2,600+
Nationalities employed: 55+
Total loans in 2009: $13.2 billion
Total grants in 2009: $1.1 billion
Technical assistance in 2009: $267.2 million