ADB
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ADB declares $6.5b initial response to COVID-19 pandemic
Mar 18, 2020The Asian Development Bank (ADB) today declared a $6.5 billion initial package to address the urgent needs of its developing member countries (DMCs) as they respond to the novel coronavirus (COVID-19) pandemic. “This pandemic has become... -
New ADB President Masatsugu Asakawa assumes office
Jan 19, 2020New Asian Development Bank (ADB) President Masatsugu Asakawa has assumed office becoming its 10th President since ADB was established in 1966. “I am honored to assume the role of ADB President and to begin working in... -
ADB to provide $5 billion to Bangladesh in 2020-’22
Sep 13, 2019Asian Development Bank (ADB) will provide Bangladesh with around $5 billion in 2020-2022 to promote rapid, inclusive and sustainable growth in Bangladesh. ADB Country Director for Bangladesh Manmohan Parkash on Wednesday handed over to Prime Minister... -
ADB to open new Singapore office for private sector operations
Jul 2, 2019The Asian Development Bank (ADB) will open an office in Singapore to support the expansion of its private sector operations. An agreement establishing the new office was signed today on the sidelines of the G20 Summit... -
ADB President Takehiko Nakao meets with Viet Nam PM
Jul 2, 2019Asian Development Bank (ADB) President Mr. Takehiko Nakao today met with Viet Nam Prime Minister Mr. Nguyen Xuan Phuc on the sidelines of the G20 Leaders’ Summit in Osaka. They discussed Viet Nam’s macroeconomic performance and... -
ADB private sector deal to promote solar power in Afghanistan
Jun 1, 2019The Asian Development Bank (ADB) has signed a $4 million loan with a unique purpose vehicle and subsidiaries owned by the 77 Construction, Contracting, and Trading Group (77 Group), an international civil works contracting firm headquartered... -
ADB Approves $2.75 Billion Support for Malolos–Clark Railway Project
May 29, 2019The Asian Development Bank (ADB) has approved financing of up to $2.75 billion for the construction of 53.1 kilometers (km) of a passenger railway connecting Malolos, a suburb north of Manila, to Clark economic zone and... -
First IDA bills raise more than US$200 million for key development programs
Mar 16, 2019The International Development Association (IDA, rated Aaa/P-1 and AAA/A-1+ by Moody’s and S&P) launched the first ‘t-bills’ under a new program for investors looking to support the financing of IDA’s development activities in 75 countries with... -
ADB welcomes Niue as newest member
Mar 15, 2019The Board of Governors of the Asian Development Bank (ADB) has approved the membership of Niue as the bank’s 68th overall member and 49th from the Asia and Pacific region. “We welcome Niue as ADB’s newest... -
Grant agreements to introduce new vaccines in Vanuatu
Mar 5, 2019The Asian Development Bank (ADB) and the Government of Vanuatu signed agreements for a grant and a loan to fund the introduction of new vaccines in Vanuatu through the ADB-supported System Strengthening for Effective Coverage of...
