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Asian Development Bank, Headquarter, Member List & Countries

Asian Development Bank: Asian Development Bank is an international development finance institution, its mission is to help its developing members’ countries improve the quality of life of their people and reduce poverty. At present, ADB is owned and financed by its 68 members, of which 49 are from the region. Today in this post, we are going to discuss all the details related to Asian Development Bank.

Asian Development Bank: About

The Asian Development bank is a regional development bank established on 19th December 1966, its headquarter is located in Manila, Philippines. ADB has followed three complementary strategic agendas sustainable growth, regional integration & inclusive growth. The bank also maintains 31 field offices around the world to promote social and economic development in Asia. ADB’s main partners are governments, nongovernment organizations, private sectors, and foundations. The main aim of ADB is to reduce poverty in Asia and the pacific through inclusive economic growth, sustainable growth, environmental growth, and regional integration.

 

Asian Development Bank in Hindi

 

Asian Development Bank: Members Countries

Candidates can check the complete list of Asian Development Bank member countries in the given table.

Asian Development Bank: Members Countries
Country Commencement
Afghanistan 1966
Armenia 2005
Australia 1966
Austria 1966
Azerbaijan 1999
Bangladesh 1973
Belgium 1966
Bhutan 1982
Brunei 2006
Burma 1973
Cambodia 1966
Canada 1966
China 1986
Cook Islands 1976
Denmark 1966
Fiji 1970
Finland 1966
France 1970
Georgia 2007
Germany 1966
Hong Kong 1969
India 1966
Indonesia 1966
Ireland 2006
Italy 1966
Japan 1966
Kazakhstan 1994
Kiribati 1974
Kyrgyzstan 1994
Laos 1966
Luxembourg 2003
Malaysia 1966
Maldives 1978
Marshall Islands 1990
Micronesia 1990
Mongolia 1991
Nauru 1991
Nepal 1966
Netherlands 1966
New Zealand 1966
Norway 1966
Niue 2019
Pakistan 1966
Palau 2003
Papua New Guinea 1971
Philippines 1966
Portugal 2002
Samoa 1966
Singapore 1966
Solomon Islands 1973
South Korea 1966
Spain 1986
Sri Lanka 1966
Sweden 1966
Switzerland 1967
Taiwan 1966
Tajikistan 1998
Thailand 1966
Timor-Leste 2002
Tonga 1972
Turkey 1991
Turkmenistan 2000
Tuvalu 1993
United Kingdom 1966
United States 1966
Uzbekistan 1995
Vanuatu 1981
Vietnam 1966

Areas of Focus

The bank focuses on the key areas of development that are aligned with the World Bank’s sustainable development goals (SDGs). These key areas are:

  • Education
  • Health
  • Transport
  • Energy
  • Finance Sector
  • Climate Change

The ADB aims to provide for sustainable and inclusive economic growth by financing projects in areas like education and health, while also helping improve the capital markets and business infrastructure in target countries. There are other more specialized areas as well, such as Public-Private Partnerships (PPPs), Information Technology, Regional Cooperation and Integration, etc., which serve as secondary capacity building programs.

Financing Programs

The Asian Development Bank runs multiple financing programs, which it offers under various categories listed below:

  • Sovereign Financing
  • Non-Sovereign/Private Financing
  • Co-financing

FAQs: Asian Development Bank

Q1. Who is the 68th Member of the Asian Development Bank?

Ans. Niue became the 68th Member of the Asian Development Bank in March 2019.

Q2. How many member countries are in Asian Development Bank?

Ans. There are a total of 68 member countries in the Asian Development Bank.

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