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North American Representative Office

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Frequently Asked Questions


What is the role of the North American Representative Office?

Established in 1995, the North American Representative Office (NARO) is responsible for building up the ADB's strategic partnerships and working relationships in Canada and the United States. NARO does this through increasing public awareness and coalition-building with:

  • North America-based bilateral and multilateral development and financial institutions, as well as the United Nations
  • The North American business community
  • Civil society organizations
  • North American media
  • Academia
  • Other interested parties in North America

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What is the shareholding and voting power in ADB of Canada and the US? (as of December 2007)

Canada

  • Canada is the second largest shareholder in ADB among its nonregional members.
  • It is overall the seventh largest shareholder.
  • Number of shares held: 185,086 (5.22% of total shares)
  • Votes: 198,318 (4.47% of total membership,12.80% of total nonregional membership)
  • Overall capital subscription: US$ 2.92 billion
  • Paid-in capital subscription: US$ 204.59 million

The United States

  • The United States is one of the two largest shareholders in ADB; the other is Japan.
  • Number of shares held: 552,210 (15.58% of total shares)
  • Votes: 565,442 (12.76% of total membership, 36.49% of total nonregional membership)
  • Overall capital subscription: US$ 8.72 billion
  • Paid-in capital subscription: US$ 610.43 million

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How do I order copies of ADB publications?

All ADB publications are available online. View our catalog.

You also can order a copy from ADB's Publications Unit in Manila, Philippines, or visit ADB's depository libraries in USA and Canada. You also can buy documents from our Northern American distributors.

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Where can I find the recent ADB Annual Report, the Asian Development Outlook (ADO), East Asian Economic Monitor (AEM) and other ADB economic papers?

The 2007 ADB Annual Report is available online. The Asian Development Outlook (ADO) provides an annual comprehensive economic analysis of 42 economies in developing Asia and the Pacific. An update is issued each September.

The Asian Economic Monitor (AEM) focuses on East Asian economies and can be found on the Asian Regional Information Center (ARIC) website.

Other economic reports can be accessed through the Economics and Statistics website.

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How can I get information about purchasing ADB bonds?

Information about this may be obtained through any major investment bank or broker. Learn more about ADB debt issuance.

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How many people work for ADB and how many field offices are there?

As of December 2007, ADB has 2,443 employees from 55 countries. ADB is headquartered in Manila, Philippines, and has 26 other offices around the world:

  • 19 resident missions in Asia
  • 3 subregional offices in the Pacific
  • representative offices in Frankfurt for Europe, Tokyo for Japan, and Washington, DC, for North America
  • a special liaison office in Timor-Leste

ADB also has the ADB Institute based in Tokyo.

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What time is it in Manila?

From October to March, Manila, Philippines is 13 hours ahead of Washington, DC (Eastern Standard Time). For example, 8 a.m. 15 March in Manila is 7 p.m. 14 March in Washington, DC.

From end-March to September, Manila is 12 hours ahead of Washington, DC. (Eastern Daylight Time). For example, 8 a.m. in Manila, 15 July is 8 p.m. in Washington, DC, 14 July.