- Formation: Established in 1966
- Headquarters: Manila, Philippines.
- Members: Owned by 68 members
- Aim: It aims to promote social and economic development in Asia and the Pacific.
- Other Objective
- It is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific while sustaining its efforts to eradicate extreme poverty.
- Further, it assists members and partners by providing loans, technical assistance, grants, and equity investments to promote social and economic development.
- Shareholders: ADB’s five largest shareholders are Japan and the United States (each with 15.6% of total shares), the People’s Republic of China (6.4%), India (6.3%), and Australia (5.8%).