The Asian Development Bank(ADB)is a regional development bank established on 22 August 1966 under the Agreement Establishing the Asian Development Bank(Charter), which is binding upon the member countries that are its shareholders, to facilitate economic development of countries in Asia.The bank admits the members of the United Nations Economic and Social Commission for Asia and the Pacific(UNESCAP, formerly known as the United Nations Economic Commission for Asia and the Far East)and non-regional developed countries.As of 31 December 2010, ADB now has 67 members-of which 48 are from within Asia and the Pacific and 19 outside.
ADB is a strongly capitalized, multilateral development bank, dedicated to reducing poverty in Asia and the Pacific region through inclusive economic growth, environmentally sustainable growth, and regional integration.
ADB is headquartered in Manila, Philippines and has offices worldwide including representative offices in North America(Washington, DC), Europe(Frankfurt), and Japan(Tokyo).