Asian Development Bank - Company Profile
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Asian Development Bank (ADB) is a development financial institution that provides financial assistance to its developing member countries (DMCs) and other stakeholders. ADB's instruments comprise loans, guarantees, syndications, equity investments and debt management products. The company also provides direct assistance to enterprises in developing countries through equity investments, guarantees and loans. The bank also involve in technical assistance projects on public-private partnership (PPPs) training workshops for government officials. It has operations in Bhutan, Bangladesh, China, Hong Kong, Sri Lanka, Thailand, Indonesia, Pakistan, Philippines, Japan and Singapore. ADB is headquartered in Mandaluyong, Manila, Philippines.
Headquarters
Philippines
Address
6 ADB Avenue, Mandaluyong, Manila, 1550
Website
www.adb.org
Telephone
63 2 86324444
No of Employees
3,105
Industry
Financial Services
Revenue (2022)
$4.6B
Asian Development Bank premium industry data and analytics
Products and Services
| Services |
|---|
| Equity Investment Services |
| Guarantee Services |
| Lending Services |
| XYZ |
| XYZ |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Contracts/Agreements | In April, the bank signed a deal with Buskowitz Solar to encourage the use of clean and accessible solar energy among commercial and industrial consumers. |
| 2024 | Contracts/Agreements | In January, the company entered into an agreement of US$50.5 million to increase renewable energy output and distribution in the Maldives. |
| 2023 | Financing Agreements | In December, the company and the Lao government signed a grant of US$10 million to support responses to food security in the country. |
Competitor Comparison
| Key Parameters | Asian Development Bank | International Finance Corp | Bank of the Philippine Islands | Asia United Bank Corp | Bank of Commerce (Philippines) |
|---|---|---|---|---|---|
| Headquarters | Philippines | United States of America | Philippines | Philippines | Philippines |
| City | Mandaluyong | Washington | Makati City | Pasig City | Mandaluyong |
| State/Province | Manila | WashingtonD.C. | Metro manila | Metro manila | - |
| No. of Employees | 3,105 | - | 18,982 | 1,888 | 1,865 |
| Entity Type | Private | Private | Public | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Masatsugu Asakawa | Chairman; President | Executive Board | 2013 | - |
| Muhammad Ehsan Khan | Director General-East Asia Department | Senior Management | 2023 | - |
| Ahmed M. Saeed | Vice President | Senior Management | - | - |
| Bhargav Dasgupta | Vice President - Market Solutions | Senior Management | 2023 | - |
| Ashok Lavasa | Vice President | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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