ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty.
Established in 1966, it is owned by 68 members—49 from the region.
ORGANIZATION
ACCOUNTABILITY
ADB supports projects in developing member countries that create economic and development impact, delivered through both public and private sector operations, advisory services, and knowledge support.
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ADB, SAEL Industries Sign 12.23 Billion Indian Rupee Deal for a 400 MW Solar Power Plant in Gujarat India
ADB and SAEL Industries Limited, through its subsidiary SAEL Solar P4 Private Limited, have signed a loan of up to 12.23 billion Indian rupees (about $147 million equivalent) for the development of a 400-megawatt (MW) greenfield solar power plant in Gujarat, India, to support the country’s ongoing transition toward clean energy and low-carbon growth. -
ADB, BANPU Sign 2.4 Billion Thai Baht Deal to Support Electric Tuktuks in Thailand and Battery Production in PRC
ADB and BANPU Public Company Limited signed a 2.4 billion baht loan to support the financing of 1,500 six-seater electric tuktuks and related charging stations for micro-scale transit services in Bangkok, Thailand. The funding will also support a 1.3-gigawatt-hour expansion of a lithium-ion electric vehicle battery manufacturing facility owned by the company in Jiangsu province in the People’s Republic of China. -
ADB, BII Launch New Green Trade Finance Partnership for Asia and The Pacific
ADB and British International Investment, the United Kingdom government’s development finance institution and impact investor, have launched a new trade finance partnership to promote green trade in Asia and the Pacific. Managed by ADB’s Trade and Supply Chain Finance Program, the initiative will prioritize renewable energy, energy efficiency, and climate-smart agriculture to help reduce dependency on fossil fuels. -
ADB, Cygnus Sign Deal to Promote Affordable Health Care in India
ADB has signed an agreement for 1.5 billion Indian rupees (or the equivalent of $18.4 million) in debt financing through the subscription of nonconvertible debentures for Cygnus Medicare Private Limited to expand access to affordable and quality health care in northern India. -
ADB, Kompanion Bank Sign Deal to Boost MSME Financing in Kyrgyz Republic
ADB and Kompanion Bank Closed Joint Stock Company signed a senior loan of up to $5 million in local currency financing to boost micro, small, and medium-sized enterprises in the Kyrgyz Republic, especially those owned or led by women. -
ADB, Energy Absolute Sign 3.9 Billion Thai Baht Deal for E-Bus Purchase, Enhancing Sustainable Transport in Thailand
ADB and Energy Absolute signed a 3.9 billion Thai baht (about $110 million equivalent) loan to Energy Absolute Public Company Limited for the purchase of up to 1,200 electric buses (e-buses). These e-buses will displace internal combustion engine buses in Bangkok, supporting the use of clean public transport in Thailand. -
ADB Signs $125 Million Loan with L&T Finance to Support Access to Finance for Women, Farmers, and MSMEs in India
ADB has signed a $125 million loan agreement with L&T Finance Limited to support financing in rural and peri-urban areas in India, particularly for women borrowers. -
ADB, Greenway Sign Deal to Channel Carbon Finance for Enhancing Improved Cookstove Usage in Rural India
ADB and Greenway Grameen Infra Private Limited signed a $6.5 million senior secured loan to produce and distribute 1 million improved cookstoves to rural households in India’s Madhya Pradesh and Odisha states. The financing also includes a $3.25 million first-loss liquidity reserve from the Climate Innovation and Development Fund, administered by ADB. -
ADB, Gobi Sign Sustainability Linked Loan to Support Climate-Resilient Cashmere Value Chain in Mongolia
ADB and the Gobi Joint Stock Company have signed a $30 million sustainability linked loan to support the cashmere value chain in Mongolia and provide stable incomes and employment to 1,200 herders and 1,300 industry employees. The loan will be used to procure raw cashmere from herders, as well as for cashmere processing activities. -
ADB, SQB Sign $50 Million Loan to Support Privatization and Expand Lending to MSMEs in Uzbekistan
ADB and Sanoat Qurilish Bank signed a $50 million senior convertible loan to support Uzbekistan’s privatization of state-owned banks, which will strengthen the banking sector, contribute to economic growth and job creation. The International Finance Corporation and the European Bank for Reconstruction and Development are parallel lenders.