ADB, based in Manila, is dedicated to reducing poverty in the Asia and Pacific region through pro-poor sustainable economic growth, social development, and good governance. Established in 1966, it is owned by 64 members - 46 from the region. 
A US$2 million grant from Asian Development Bank's (ASX: ATB) ("ADB") Japan Fund for Poverty Reduction (JFPR), financed by the Government of Japan, will help improve the health status of the tsunami-affected population in Aceh, Indonesia.
In response to a direct request from the Secretary of Finance, Asian Development Bank (ASX: ATB) ("ADB") will help the Philippine Government improve its debt and risk management through a technical assistance grant of US$720,000.
Asian Development Bank (ASX: ATB) and Hong Kong fund group ADM Capital announced today the closing of a US$338 million Limited Partnership fund, the ADM Maculus Fund II L.P., that will promote the recovery of financially distressed, but potentially viable, companies in Asia. This is the second Fund in the ADM Maculus series taking the total to US$476 million. A third fund of US$688 million is planned for launch in the second quarter of 2006.
The UK Department for International Development (DFID), in collaboration with the World Bank and Asian Development Bank (ASX: ATB), today announced details of a conference to be held on 6-7 March 2006 in London to focus attention on building new forms of partnership to eradicate poverty in Asia.
Entries are now been accepted online for the Developing Asia Journalism Awards (DAJA), organized by the Asian Development Bank Institute in association with ADB's External Relations Department.
Asian Development Bank ("ADB") (ASX: ATB) has reduced lending rates for both its US dollar and Japanese yen single currency pool-based loans.
Asian Development Bank (ASX: ATB) will conduct a study to help the People's Republic of China (PRC) draw up a policy reform plan for the country's railway passenger and freight transport, through a technical assistance grant of US$400,000.
The Government of Finland has made an initial contribution of EURO 4.5 million to ADB's (ASX: ATB) Pakistan Earthquake Fund (PEF).
An Asian Development Bank (ASX: ATB) loan of US$15.5 million will support the development of the Kyrgyz Republic's banking sector and capital markets as well as supporting a second round of financial sector reforms, advancing the agenda of the 1999 Financial Intermediation and Resource Mobilization Program and building upon the achievements made under the 2001 Corporate Governance and Enterprise Reform Program II.
About 400,000 mostly poor people will benefit from a water resources management project for Afghanistan's western basins backed by an Asian Development Bank (ASX: ATB) assistance package totaling US$75 million.
