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The Asian Development Bank (ADB) is a regional development bank established on 19 December 1966, [3] which is headquartered in 6 ADB Avenue, Mandaluyong, Metro Manila 1550, Philippines. [4] The bank also maintains 31 field offices around the world [ 5 ] to promote social and economic development in Asia.
According to the ADB, the Philippines has heavily relied on the ADB for development assistance, borrowing a total of $19.3 billion in the last decade. [2] [failed verification] The Philippines has been commended by the ADB for being a fast-growing economy despite increasing inflation and a plummeting global economy. [3]
The Central Asia Regional Economic Cooperation (CAREC) Program is a program established in 1997 by the Asian Development Bank (ADB) to encourage economic cooperation among countries in Central Asia and nearby parts of Transcaucasia and South Asia.
Ghana: Agricultural Development Bank of Ghana (ADB) Kenya: Development Bank of Kenya (DBK) Mozambique: Banco Nacional de Investimento (BNI) Nigeria: Bank of Industry (BOI) Rwanda: Rwanda Development Bank (BRD) Tanzania: Tanzania Agricultural Development Bank (TADB) Uganda: Uganda Development Bank Limited (UDBL)
There are also several "sub-regional" multilateral development banks. Their membership typically includes only borrowing nations. The banks lend to their members, borrowing from the international capital markets. Because there is effectively shared responsibility for repayment, the banks can often borrow more cheaply than could any one member ...
This included the Inter‐American Development Bank (IDB), the African Development Bank (AfDB), the Asian Development Bank (ADB), the Development Bank of Latin America and the Caribbean (CAF), and the Islamic Development Bank (IsDB). Both the CAF and IsDB are "primarily owned and controlled by borrower countries." [15]
The bonds are backed by (a) the sum of the capital subscriptions actually paid in by the Bank's 47 member countries, plus (b) the sum of the callable capital subscriptions pledged by the Bank's 22 non-borrowing member countries. Together these constitute the Bank's ordinary capital, some US$101 billion. Of this amount, 4.3 percent is paid in ...
Organisations grouping almost all the countries in their respective continents. Note that Cuba is a suspended member of the Organization of American States (OAS). Several smaller regional organizations with non-overlapping memberships. Several non-overlapping large alliances. Softer colors indicate observer/associate or candidate countries.