The Asian Development Bank(ADB) is a financial institution that would be Asian in character and foster economic growth and cooperation in the Asia-Pacific region.
With the goal of “Fighting Poverty in Asia and the Pacific”, the ADB provides loans, technical assistance, grants and pursues other such efforts.
- Current president
(Former vice minister of finance for international affairs in the Japanese Ministry of Finance)
- Member countries/regions
67 (48 in the Asia-Pacific region, 19 in other regions)
- Five leading member countries by investment ratio (shown in parentheses,2014)
Japan (15.7%), United States (15.6%), China (6.5%), India (6.4%), Australia (5.8%)