Tuesday, May 21, 2013 8:07 AM EST

Asian Development Bank

Overview

The Asian Development Bank (ADB) is a regional development bank established in 1966 to promote economic and social development in Asian and Pacific countries through loans and technical assistance. It is a multilateral development financial institution owned by 67 members (as of 2 February 2007), 48 from the region and 19 from other parts of the globe. ADB's vision is a region free of poverty. Its mission is to help its developing member countries reduce poverty and improve the quality of life of their citizens.

Headlines Around the Web

Climate disasters leading to pullback from fossil fuels in Asia

Apr 04 - Financial Post

Rupee, yuan gain currency at Asian Development Bank

Jul 18 - The Times of India

India’s growth projection cut

Jul 13 - The Times of India

ADB lowers India's growth projection to 6.5 per cent

Jul 12 - The Times of India

ADB extends 150 million dollar loan to develop India's railway system

Jul 10 - The Times of India

Asian growth to be hit by weak Western demand

Apr 12, 2012 - Independent

ADB in Talks for at Least $12 Billion Development-Fund Needs

Feb 22, 2012 - Business Week

ADB agrees $400 mn deal for Uzbek gas plant

Jan 25, 2012 - France24

East Asian economies face eurozone headwinds: ADB

Dec 06, 2011 - France24

Credit Squeeze Hits Asia Trade Finance as ADB Loan Demand Soars

Dec 06, 2011 - Business Week

ADB cuts India's growth forecast to 7.9% for '11-12

Sep 15, 2011 - The Times of India

ADB Says Asia Inflation Persists Even as Growth Outlook Cut

Sep 14, 2011 - Business Week

ADB extends $500 mn loan to Indian Railways

Sep 04, 2011 - The Times of India

ADB warns of bumpy road into 'Asian century'

Aug 02, 2011 - France24

Asia Faces Rising Price Pressures Even as Growth Slows, ADB Says

Jul 28, 2011 - Business Week

Soaring food prices to raise Asian poverty: report

Apr 27, 2011 - CBC

Food prices could push millions into poverty: ADB

Apr 26, 2011 - The Times of India

Soaring food prices a threat across Asia

Apr 26, 2011 - France24

ADB says inflation 'top priority' for Asia

Apr 06, 2011 - France24

Asia faces climate-induced migration 'crisis'

Feb 06, 2011 - France24

Articles About Asian Development Bank

US Dollar Rises Above 100-Yen Mark as 'Abenomics' Reap Early Rewards

By IBTimes UK

Dollar rises to highest level in more than four years. (May 10)

ADB Selects Takehiko Nakao as New President

By IBTimes AU

Takehiko Nakao has been unanimously elected President of the Asian Development Bank (ADB) by its Board of Governors. (Apr 26)

World Bank cuts East Asia growth estimate; welcomes BOJ stimulus

By Reuters UK

The World Bank on Monday scaled back slightly its 2013 growth forecasts for emerging East Asia and warned about possible over-heating in the region's larger economies, but the global lender said the Bank of Japan's sweeping monetary expansion should provide a fillip to developing countries. (Apr 15)

MORE TOPICS: CHINA, GDP, JAPAN, THAILAND, BANK OF JAPAN, EMERGING MARKETS

World Bank cuts China, Indonesia growth estimate; warns of asset bubbles

By Reuters

The World Bank on Monday scaled back slightly its 2013 growth forecasts for developing East Asia and warned about possible over-heating in the region's larger economies that could stoke inflation and asset bubbles. (Apr 15)

MORE TOPICS: CHINA, MANUFACTURING, GDP, JAPAN, THAILAND, BANK OF JAPAN

ADB: Asia’s Countries to See Weak Recovery but Face Several Risks

By Industry Leaders Magazine

According to the newest survey, the Asian Development Bank expects Asia's emerging economies to witness a weak recovery in 2013. However, the Manila-based bank underlined that the expected rebound might be challenged by several risks, including ... (Apr 10)

MORE TOPICS: GLOBAL WARMING, CHINA, EUROPEAN UNION, THAILAND

Developing Asia to Rebound Despite Europe and US Weakness [VIDEO]

By IBTimes UK

ADB sees political disputes and policy issues as dampeners for growth in developing Asian economies. (Apr 09)

MORE TOPICS: CHINA, JAPAN, INDIA, INVESTMENT

A labourer carries a sack of cement past other labourers against a backdrop of the central Mumbai financial district February 7, 2013.

India Growth May Recover to 6% in 2013: ADB

By Reuters

Growth in developing Asia is seen gaining momentum this year, powered by rising domestic consumption and intra-regional trade, but authorities need to ward off risks of inflation and asset bubbles arising from strong capital inflows, the Asian Development Bank (ADB) said. (Apr 09)

MORE TOPICS: CHINA, GDP, JAPAN, SOUTH KOREA, THAILAND, INDIA

State firms loom over Malaysian poll despite pledge to divest

By Reuters

Wan Abdullah Wan Ibrahim, managing director of Malaysia's UEM Land's thought it was a "match made in heaven" when his state-linked property firm bought out Sunrise, a successful property developer owned by ethnic Chinese, in 2010. (Apr 07)

MORE TOPICS: FOREIGN DIRECT INVESTMENT, INVESTMENT, LONDON

BOJ's Kuroda says asset purchase limit already broken

By Reuters UK

The Bank of Japan will not bankroll government spending, but it has already exceeded self-imposed limits on asset purchases and will continue to do so, its new governor said on Thursday in a signal he intended to deliver on promises of overhauling policy. (Mar 28)

MORE TOPICS: JAPAN, BANK OF JAPAN, QUANTITATIVE EASING

The member nations of the BRICS group (Brazil, Russia, India, China and South Africa)

World Bank Willing to Work with its Challenger Development Bank from BRICS

By Economy Watch

The World Bank on Tuesday said that it was ready to support the new development bank being established by Brazil, Russia, India, China and South Africa (BRICS), in a statement just hours after the groups of emerging nations reached a deal to challenge nearly seven decades of World Bank dominance. (Mar 28)

MORE TOPICS: CHINA, GOLDMAN SACHS, RUSSIA, INDIA, NEW YORK, SOUTH AFRICA