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International Cooperation: ADB

Overview

The ADB was formed as a regional development bank to foster economic growth and cooperation in the Asia and Pacific region. It is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. ADB also assists its members and partners by providing loans, technical assistance, grants, and equity investments to promote social and economic development. ADB maximizes the development impact of its assistance by facilitating policy dialogues, providing advisory services, and mobilizing financial resources through cofinancing operations that tap official, commercial, and export credit sources.1

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1 https://www.adb.org/who-we-are/about