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Asian devolpment bank

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    Asian Development Bank (ADB)

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    Asian Development Bank (ADB) - ACTED

    The company also maintains 31 field offices around the world [5] to promote social and economic development in Asia. 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. Upon completion of their study programs, scholars are expected to contribute to the economic and social development of their home countries. As of 31 December , Japan and the United States each holds the largest proportion of shares at
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    Asian Development Bank

    The Asian Development Bank was conceived in the early s as a financial institution that would be Asian in character and foster economic growth and cooperation in one of the poorest regions in the world. Its mission is to help developing member countries reduce poverty and improve the quality of life of their people. ADB in partnership with member governments, independent specialists and other financial institutions is focused on delivering projects in developing member countries that create economic and development impact. As a multilateral development finance institution, ADB provides loans, technical assistance and grants. Its operations are designed to support the three complementary agendas of inclusive economic growth, environmentally sustainable growth, and regional integration.
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