Where is the headquarters of the Asian Development Bank?

The Asian Development Bank (ADB) was founded on November 24, 1966 and is headquartered in Manila, the capital of the Philippines.

It is a regional financial development institution dedicated to promoting the economic and social development of developing member countries in Asia and the Pacific. Since 1999, ADB has placed special emphasis on poverty alleviation as its top strategic objective. It is not a subsidiary of the United Nations, but it is established under the auspices of the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP) and has close links with the United Nations and its regional and specialized agencies.

As of the end of December 2013, ADB had 67 members, of which 48 were from Asia and the Pacific and 19 from other regions. The PRC joined ADB on 10 March 1986. In terms of the number of shares subscribed by country, China ranks third (, while Japan and the United States are tied for the first place).

In terms of voting rights of each country, China is also the third (; Japan and the United States are tied for first place (both are the largest contributors in this organization and have a veto).

On March 20, 2020, South Korea's Ministry of Strategy and Finance said that due to the impact of the new crown pneumonia epidemic, the 53rd annual meeting of the Asian Development Bank Board of Governors, originally scheduled to be held in Songdo, Incheon, South Korea in May, will be postponed to September 18-21, and the venue will remain unchanged.

In Manila, the capital of the Philippines.

Asian Development Copy Bank has.

67 into. Member States, with a registered capital of 165 billion US dollars.

With just over 30 member countries, the AIIB had an initial capital of only $50 billion, which then increased to $100 billion in the next five years.

For the foreseeable future, as the Minister of Finance has said, the AIIB is a useful complement to the Asian Development Bank.

According to the AIIB.

On December 19, 2018, the AIIB approved six more intended members

to increase its total number of members to 93. The six new ratifiers are Algeria, Ghana, Libya, Morocco, Serbia and Togo. Within three years, the AIIB's membership had grown from 57 to 93 founding members, and the AIIB's membership was spread across all continents except Antarctica.

The Asian Development Bank has 67 member countries.

In terms of the number of members, the Chinese-led AIIB far exceeds the Asian Development Bank; It is believed that in time, the AIIB's capital scale will also surpass that of the Asian Development Bank.

Asian Development Bank (ADB)

Asian Development Bank (ADB) is a regional-leading financial development institution for the Asia-Pacific region.

ADB currently has 67 members, of which 48 are from Asia and the Pacific and the rest from other regions.

Members of the region.

Afghanistan, Australia, Azerbaijan, Bangladesh, Bhutan, Cambodia, People's Republic of China, Cook Islands, Fiji Islands, Hong Kong, China, India, Indonesia, Japan, Kazakhstan, Kiribati, Republic of Korea, Kyrgyz Republic, Lao Democratic Republic, Malaysia, Maldives, Marshall Islands, Micronesia (Federated States of), Mongolia, Myanmar, Nauru, Nepal, New Zealand, Pakistan, Palau, Papua New Guinea, Philippines, Samoa, Singapore, Solomon Islands, Sri Lanka, Chinese Taipei, Tajikistan, Thailand, Timor-Leste, Tonga, Turkmenistan, Tuvalu, Uzbekistan, Vanuatu, Vietnam.

Non-members of the region.

Austria, Belgium, Canada, Denmark, Finland, France, Germany, Italy, Luxembourg, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, Turkey, United Kingdom, United States.

India has submitted about $2.9 billion in a loan package to ADB, including $60 million for flood control and sanitation projects in the disputed so-called "Arunachal Pradesh" region between China and India.

The Asian Development Bank (ADB) is a regional international financial group in the Asia-Pacific region.

Dao weaving, in 1966.

It was established in November and is headquartered in Manila, Philippines. At present, there are 67 ADB member countries, including China, of which more than 40 are members of the Asia and Pacific region and more than a dozen are non-regional members from Europe and North America. The purpose of the ADB loan is:

It provides loans and technical assistance to member countries, not for profit, but for the purpose of providing assistance, helping to coordinate the economic, development policies of member countries, and promoting economic growth and development in the Asia-Pacific region in cooperation with the United Nations and its specialized agencies.

Decisions on many issues of ADB loans are determined by voting, and member countries determine their voting rights based on the size of their subscribed share capital, which China joined in 1986 as a member of ADB in the region, and has the third largest share capital subscribed to ADB. ADB loans are basically divided into four categories: general fund loans (i.e., hard loans); Asian Development ** Loans (i.e. soft loans); technical assistance** (i.e. the provision of technical assistance grants); Others (i.e. Japan Special ** and Co-financing).

The president of the Asian Development Bank is Takehiko Nakao.

Takehiko Nakao, Finance Officer, Ministry of Finance, Takehiko Nakao represented Japan at the (G7) and (G20) meetings during his tenure as Finance Officer of the Ministry of Finance. In 2011, Takehiko Nakao was in charge of several Japanese interventions in the foreign exchange market to curb the yen's rally.

On March 7, 2013, Japanese Finance Minister Taro Aso held a press conference to officially announce the nomination of Takehiko Nakao, Finance Officer of the Ministry of Finance, as the new president of the Asian Development Bank.

The current president of the Asian Development Bank, Haruhiko Kuroda.

Takehiko Nakao was re-elected president of the Asian Development Bank.

Haruhiko Kuroda, but he may soon become the governor of the Bank of Japan, and the president of the ADB will be vacant.

ADB was established to help developing members in Asia and the Pacific eradicate poverty and promote economic and social development in Asia and the Pacific through development assistance. ADB's assistance to developing members takes four main forms: loans, equity investments, technical assistance, and co-financing, in order to achieve the ultimate goal of a poverty-free Asia-Pacific region.

ADB supports the development of its members in the areas of infrastructure, energy, environmental protection, education, and health, primarily through policy dialogue, loans, guarantees, technical assistance, and grants.