Open main menu
Home
Random
Recent changes
Special pages
Community portal
Preferences
About Wikipedia
Disclaimers
Incubator escapee wiki
Search
User menu
Talk
Dark mode
Contributions
Create account
Log in
Editing
Asian Development Bank
(section)
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
{{short description|Regional development bank in Asia-Pacific}} {{Use dmy dates|date=March 2025}} {{Distinguish|Asian Infrastructure Investment Bank}} {{Infobox organization | name = Asian Development Bank | logo = ADB logo & wordmark.svg | logo_size = 250px | image = Asian Development Bank, Mandaluyong, Philippines - panoramio.jpg | image_border = | size = 250px | caption = Headquarters in 2011 | map = Asian Development Bank Map.svg | map_caption = {{legend|#0000ff|Nonregional members}} {{legend|#008000|Regional members}} | msize = | mcaption = | abbreviation = ADB | formation = {{Start date and age|1966|12|19|df=yes}} | extinction = | type = [[Multilateral development bank]] | status = Treaty | purpose = Social and Economic Development | headquarters = 6 ADB Avenue, [[Mandaluyong]], [[Metro Manila]] 1550, [[Philippines]] | region_served = [[Indo-Pacific]] | membership = 69 countries | leader_title = President | leader_name = [[Masato Kanda]] | main_organ = Board of Governors<ref>[http://www.adb.org/about/board-governors About: Management] {{Webarchive|url=https://web.archive.org/web/20200623002226/https://www.adb.org/about/board-governors |date=23 June 2020 }}, ''adb.org''.</ref> | parent_organization = | affiliations = [[International Monetary Fund]] (International) | num_staff = 3,769<ref name="nos">{{Cite book |url=https://www.adb.org/sites/default/files/institutional-document/872636/adb-annual-report-2022.pdf |title=ADB Annual Report 2022 |date=2023 |publisher=Asian Development Bank |isbn=978-92-9270-073-7 |pages=10|doi=10.22617/FLS230039 |access-date=1 April 2024 }}</ref> | num_volunteers = | budget = | website = {{official URL}} | remarks = }} The '''Asian Development Bank''' ('''ADB''') is a [[Multilateral development bank|regional development bank]] to promote social and [[economic development]] in Asia. The bank is headquartered in [[Metro Manila]], [[Philippines]] and maintains 31 field offices around the world.<ref>{{Cite web |title=Departments and Offices |url=http://www.adb.org/about/departments-offices#tabs-0-1 |access-date=2015-11-26 |publisher=Asian Development Bank |archive-date=17 March 2012 |archive-url=https://web.archive.org/web/20120317022549/http://www.adb.org/about/departments-offices#tabs-0-1 |url-status=live }}</ref><ref name="UIA">{{Cite web |url=https://uia.org/s/or/en/1100054117 |url-access= |title=Asian Development Bank (ADB) |author1=Staff writer |year=2024 |department=UIA Global Civil Society Database |website=uia.org |publisher=[[Union of International Associations]] |agency=Yearbook of International Organizations Online |location=Brussels, Belgium |format= |arxiv= |asin= |bibcode= |doi= |doi-broken-date= |isbn= |issn= |jfm= |jstor= |lccn= |mr= |oclc= |ol= |osti= |pmc= |pmid= |rfc= |ssrn= |zbl= |id= |access-date=29 January 2025 |url-status= |archive-url= |archive-date= |via= |quote= |trans-quote= |ref= |postscript=}}</ref> The bank was established on 19 December 1966 and admits the members of the [[United Nations Economic and Social Commission for Asia and the Pacific|UN Economic and Social Commission for Asia and the Pacific]] (UNESCAP, formerly the Economic Commission for Asia and the Far East or ECAFE), and non-regional [[Developed country|developed countries]].<ref>{{Cite web |title=ADB History |url=http://www.adb.org/about/history |access-date=2015-11-26 |publisher=Asian Development Bank |archive-date=29 January 2016 |archive-url=https://web.archive.org/web/20160129195803/http://www.adb.org/about/history |url-status=live }}</ref><ref name="Ming Wan">{{Cite journal |last=Ming |first=Wan |date=Winter 1995β1996 |title=Japan and the Asian Development Bank |url=http://hir.harvard.edu/article-authors/ming-wan |url-status=dead |journal=Pacific Affairs |publisher=University of British Columbia |volume=68 |issue=4 |pages=509β528 |doi=10.2307/2761274 |jstor=2761274 |archive-url=https://web.archive.org/web/20110807123335/http://hir.harvard.edu/article-authors/ming-wan |archive-date=2011-08-07|url-access=subscription }}</ref> Starting with 31 members at its establishment, by 2019 ADB had 69 members. The ADB was modeled closely on the [[World Bank]] and has a similar weighted voting system, where votes are distributed in proportion with members' capital subscriptions. ADB releases an annual report that summarizes its operations, budget, and other materials for review by the public.<ref>{{Cite web |last=Anonymous |title=ADB Annual Reports |url=http://www.adb.org/documents/series/adb-annual-reports |access-date=2015-11-26 |publisher=Asian Development Bank |archive-date=26 November 2015 |archive-url=https://web.archive.org/web/20151126112031/http://www.adb.org/documents/series/adb-annual-reports |url-status=live }}</ref> The ADB-Japan Scholarship Program (ADB-JSP) enrolls about 300 students annually in academic institutions located in 10 countries within the Region. After completing their study programs, scholars are expected to contribute to the economic and social development of their home countries.<ref>{{Cite web |date=12 October 2017 |title=Scholarship Program: List of Academic Institutions |url=https://www.adb.org/site/careers/japan-scholarship-program/jsp-institutions |publisher=Asian Development Bank |access-date=28 April 2017 |archive-date=19 May 2017 |archive-url=https://web.archive.org/web/20170519044346/https://www.adb.org/site/careers/japan-scholarship-program/jsp-institutions |url-status=live }}</ref> ADB holds the status of an official United Nations Observer.<ref>{{Cite web |title=Intergovernmental Organizations |url=https://www.un.org/en/sections/member-states/intergovernmental-organizations/index.html |publisher=United Nations |access-date=28 April 2017 |archive-date=23 May 2017 |archive-url=https://web.archive.org/web/20170523053652/http://www.un.org/en/sections/member-states/intergovernmental-organizations/index.html |url-status=live }}</ref> As of 31 December 2020, Japan and the United States each holds the largest proportion of shares at 15.571%. China holds 6.429%, India holds 6.317%, and Australia holds 5.773%.<ref>{{Cite web |title=Shareholders |url=https://www.adb.org/sites/default/files/institutional-document/237881/oi-appendix1.pdf |url-status=dead |archive-url=https://web.archive.org/web/20170803171248/https://www.adb.org/sites/default/files/institutional-document/237881/oi-appendix1.pdf |archive-date=2017-08-03 |access-date=2015-11-26 |publisher=Asian Development Bank}}</ref>
Edit summary
(Briefly describe your changes)
By publishing changes, you agree to the
Terms of Use
, and you irrevocably agree to release your contribution under the
CC BY-SA 4.0 License
and the
GFDL
. You agree that a hyperlink or URL is sufficient attribution under the Creative Commons license.
Cancel
Editing help
(opens in new window)