The Asian Development Bank was established in 1966 under Japanese leadership to finance economic development across Asia and the Pacific, commencing operations on 19 December 1966. Member states chose Manila over Tokyo as its headquarters by a narrow nine-to-eight vote, placing the bank in a borrowing member country rather than in its largest founding shareholder.
Facts
Founding Year Founding Date HeadquartersMandaluyong, Metro Manila, Philippines 1 Geography
Country or Jurisdiction ServedWikidata Q188822, property P17 (country). Classification
Institution SubtypeInternational Financial Institution 1 Connections
Associated With
Source Asian Development Bank (U.S. Government Manual)
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Located In
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Sources
1. Asian Development Bank (U.S. Government Manual)
U.S. Government Publishing OfficeIntroduction, institution-subtype
The Asian Development Bank was established in 1966 under Japanese leadership to finance economic development across Asia and the Pacific, commencing operations on 19 December 1966.
- Associated With: Development Economics
2. Wikidata
Wikimedia Foundation
Wikidata: Asian Development Bank
Wikidata Q188822, class allow-list match (w-wdresolver-0926)View the Source Asian Development Bank: About ADB
Asian Development BankIn Group: Development Banks of Asia and Eurasia, Page textQuote, In Group: Development Banks of Asia and Eurasia, Page text
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