Asian Development Bank

S M Shafi
Department of Business &
Financial Studies
University of Kashmir
Asian Development Bank- An
Overview
ADB Headquarter- Manila
 Established
• Established in 1966 at the behest of
Japan

• There was a feeling that World Bank

does not fulfill the aspirations of Asia
Pacific region, therefore there is a need.

• ADB is modeled on the lines of World

Bank
 MEMBERS
• TOTAL 67 MEMBERS

• 48 MEMBERS FROM Asia and Pacific

• 19 MEMBERS FROM Outside

 Major Members

• Japan and USA with 552210 Shares each

( 12.75% each)
• China- 228,000 Shares ( 6.42%)
• India- 224,010 Shares( 6.31%)
 Distinguishing Features

• Asian character
• Concern for small economies
• Particular emphasis on regional
and Sub-regional co-operation
• An evolving institution
 Organization

• Governors and Alternate Governors

• Directors and Alternate Directors
(8 of the 12 Members come from Asia-Pacific region)

• President
• 4 Vice-Presidents
• Over 2,500 employees, 50 nationalities
24 External Offices
 Ordinary Capital Resources

• Borrowings
• Paid-in capital from shareholders
• Accumulated retained income
(reserves)
• Repayment of loans
 Activities of ADB
• Gives Loans
• Gives Technical Advice
 ADB’s Instruments of help
• ADB’s main instruments for
helping its developing member countries
are policy dialogue, loans, equity
investments, guarantees, grants, and
technical assistance (TA). Over the last 4
years (2004–2007), ADB’s annual lending
volume averaged $7 billion,
 Special Funds

• Asian Development Fund

• Technical Assistance Special Fund
• Japan Special Fund
• ADB Institute Special Fund
 India’s Relationship with ADB
• Founding member of ADB
• 113 Loans since 1986 amounting to
$17.83 bn.
• 231 Technical Assistance ( TA) projects
amounting to $155.51 million
• with TA averaging $218 million and grant-
financed projects $616 million.

• In 2007, lending volume was $10 billion,

with TA at $243 million and grant-financed
projects at $673 million.
 About India and ADB

• India is the third largest shareholder among regional

members and the fourth largest overall.

• ADB Membership
• Joined 1966
Shares held 224,010 (6.32%)

Ashok K. Lahiri is the Executive Director and Nima

Wangdi is the Alternate Executive Director
representing India on the ADB Board
of Directors.
 ADB Collaborations
• In India, ADB collaborates closely with
multilateral and bilateral development
partners, such as the World Bank, United
Kingdom’s Department for International
Development, Japan Bank for International
Co-operation, and the European Union.
co-operation includes joint sector
strategies, co-financing, and
knowledge sharing through joint
assessments and consultations