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. 
Asian Development Bank (ASX: ATB) will help the People's Republic of China (PRC) set up a fund to help the country benefit from the potential multi billion dollar revenue from the Clean Development Mechanism (CDM), through a grant of US$600,000.
Visiting Asian Development Bank (ASX: ATB) Vice-President Liqun Jin yesterday met with Sri Lankan President Mahinda Rajapakse to discuss ADB assistance to the country and assess progress on reconstruction and rehabilitation following the Asian tsunami disaster.
Asian Development Bank (ASX: ATB) is firmly committed to helping Sri Lanka achieve its long-term development goals and working closely with the government to improve implementation of ongoing projects in the country, a senior ADB official said during a two-day official visit.
Norway has made a US$20 million contribution to Asian Development Bank's (ASX: ATB) Pakistan earthquake fund through an innovative debt-for-development swap.
A US$96.1 million loan from the Asian Development Bank (ASX: ATB) will help expand economic opportunities for the rural poor in Bangladesh by improving rural infrastructure and local governance.
Asian Development Bank (ASX: ATB) will help reform the People's Republic of China's (PRC's) commercial banking sector on the city level by taking a minority stake in Hangzhou City Commercial Bank, one of the leading city commercial banks in PRC.
A US$1.35 million grant will help strengthen financial institutions in which ADB invests to ensure that Asian Development Bank's (ASX: ATB) private sector transactions are as high impact as possible.
A US$2.7 million grant will prepare a series of high-priority road improvement projects in Afghanistan.
Asian Development Bank (ASX: ATB) today launched a government and anticorruption action plan which aims to improve the effectiveness of ADB's development assistance and to contribute to poverty reduction throughout the region.
ADB will conduct a study into its Energy Policy, to promote greater use of clean energy in Asia and Pacific and boost the region's energy security.
