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New in Asian Development Bank

Asian development bank is established in 1966 under the direction of united nation economic commission for Asia and for east . Its main objective is to help Asian countries . It provides loans to Asian countries . From time to time , it also provides technical help to Asian countries . It also establishes his good links with UNO , IMF and world bank for promoting developing activities in Asian and east countries .


All members of UNECFAE are also members of ADB . At 2007 it has 67 members .

Capital of ADB

1. total capital is 7965.1 million dollars and its one half is paid up and other one half is called up capital

2. It can also collect more capital by issuing new shares in world share market .

Organisation of Bank

1. Board of governers

2. Board of directors - total 10 directors board

3. president - elected for 5 years out of board of directors .

New Updates

In 1990 , Loan for protecting plants and forest is given by this bank


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Accounting ! Answers: New in Asian Development Bank
New in Asian Development Bank
Accounting ! Answers
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