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Company Overview of Asian Development Bank
Asian Development Bank, a multilateral development financial institution, provides financial assistance to its developing member countries in the Asia Pacific region. The company’s financial products include ordinary capital resource loans, debt management products, equity investments, guarantees, trade finance and supply chain finance programs, and syndications. It also offers policy dialogue and advisory services; and mobilizes financial resources through its co-financing operations that access official, commercial, and export credit sources for the development impact of its assistance. Asian Development Bank serves various sectors, including agriculture, energy, education, finance, health...
6 ADB Avenue
Mandaluyong City, 1550
Founded in 1966
Key Executives for Asian Development Bank
President and Chairperson
Vice-President of Finance and Risk Management
Managing Director General
Executive Director, Chairman of Board Compliance Review Committee and Member of Human Resources Committee
Head of Office of Regional Economic Integration
Compensation as of Fiscal Year 2014.
Asian Development Bank Key Developments
Asian Development Bank - Shareholder/Analyst Call
Apr 15 15
Annual Meeting of Board of Governors
Asian Development Bank Raises GEL 100 Million from the Sale of Bonds
Feb 23 15
The Asian Development Bank (ADB) has raised GEL 100 million (approximately $48.54 million) from its sale of bonds to support development of the local capital market and smaller businesses in the regions of Georgia. The proceeds of the bond issue will be lent to TBC Bank to provide investment and working capital loans to micro, small and medium-sized enterprises in Georgia. ADB sold the 3-year bonds at a price of par, with a floating rate coupon that resets quarterly based on the National Bank of Georgia's 3-month Certificate of Deposit. The bonds will mature on February 15, 2018. The privately placed bond was managed by TBC Broker.
Asian Development Bank Unveils New Service to Enhance Flow of Low-Carbon Technologies to Asia
Jan 14 15
Asian Development Bank has unveiled a new service to match buyers and sellers of low-carbon technologies to enhance technology transfer to developing Asia. The pilot service will initially focus on clean energy and energy efficiency technologies with the average transaction size expected to be $2 million-$5 million. Called IPEx Cleantech Asia, the exchange will broker technology transfers from developed countries to developing Asia and between developing Asian nations, as well as provide a platform for knowledge sharing. The service will be run by a Singapore-based joint venture comprising DNVGL's Clean Technology Center in Singapore, part of Norway-headquartered, global advisory firm DNVGL AS, and ReEx Capital Asia, a Singapore clean energy investment banking and consulting firm. ADB expects buyers of the technologies to include manufacturers, project developers and governments while sellers would likely be innovation design companies, university laboratories, and multinational firms selling intellectual property rights. The new mechanism is co-funded by ADB, the Government of Japan, the Global Environment Facility, and Belgium-based VITO-Flemish Institute of Technological Research. Over time, the venture is expected to evolve into a full-fledged independent business.
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