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The Asian Development Bank (ADB) is a regional development bank established on 19 December 1966, [3] which is headquartered in 6 ADB Avenue, Mandaluyong, Metro Manila 1550, Philippines. [4] The bank also maintains 31 field offices around the world [ 5 ] to promote social and economic development in Asia.
ADB was established in 1965, by the Act of Parliament (Act 286) as the Agricultural Credit and Cooperative Bank. This is to meet the banking needs of the Ghanaian agricultural sector in a profitable manner. The Bank started operations from a building on Tunisia Road, West Ridge - Accra.
According to the ADB, the Philippines has heavily relied on the ADB for development assistance, borrowing a total of $19.3 billion in the last decade. [2] [failed verification] The Philippines has been commended by the ADB for being a fast-growing economy despite increasing inflation and a plummeting global economy. [3]
African Development Bank (also AfDB), a multilateral development finance institution; Agricultural Development Bank (disambiguation), several financial institutions: Agricultural Development Bank of Ghana; Agricultural Development Bank of Pakistan; Agricultural Development Bank of Trinidad and Tobago; Asian Development Bank, a regional ...
The New Development Bank is planning to give a priority to projects aimed at developing renewable energy sources. As it was stated by the bank, it wants to cooperate with other institutions in accelerating ‘green’ financing expansion and promoting environment protection. [42] Breakdown of NDB's loan approvals by sector (as of 1 August 2018)
The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank and international financial institution that aims to collectively improve economic and social outcomes in Asia. [4] It is the world's second largest multi-lateral development institution. [ 5 ]
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The Agricultural Development Bank of Trinidad and Tobago is a development finance institution which provides financial services to the agricultural sector of Trinidad and Tobago and the Caribbean. The bank was founded in 1968 by the government of Trinidad and Tobago to replace the colonial-era Agricultural Credit Bank that preceded it.