News Releases

Latest News Releases


ADB $125 Million Loan to Help Turn Pourashavas into ‘Model Towns’

ADB has approved a $125 million loan to improve services and governance in pourashavas—or municipalities— across Bangladesh, making them more livable and attractive, and helping to ease population pressures in major cities.

ADB Maintains Developing Asia Growth Forecast

Developing Asia remains on track toward steady growth in 2014 despite slower-than-expected growth in the United States in the first quarter, says a new ADB report.

KfW, ADB Sign $2 Billion Cofinancing Partnership

German development bank KfW will cofinance up to $2 billion over three years with ADB to promote development in the Asia and Pacific region, particularly in Bangladesh, India, Indonesia, Mongolia, and Viet Nam. The KfW cofinancing will focus on energy, urban infrastructure, climate change, small and medium enterprise financing, vocational training, and regional integration.

ADB Provides Loans to Help Bangladesh Tackle Menace of River Erosion

ADB will fund state-of-the-art riverbank protection measures in Bangladesh to prevent land erosion, which is destroying livelihoods and costing the economy an estimated $250 million a year.

Japan, ADB Announce Fund to Promote Low-Carbon Technologies in Asia

ADB announced today the establishment of a new trust fund to support the adoption of advanced low-carbon technologies in its developing member countries (DMCs), with a grant of ¥1.8 billion (about $17.65 million) from the Government of Japan.

ADB President Praises Bangladesh for Steady Growth, Poverty Reduction

ADB President praises Bangladesh for Steady Growth, Poverty Reduction

PHOTO RELEASE: ADB President Meets with Bangladesh Prime Minister in Dhaka

ADB President Meets with Bangladesh Prime Minister in Dhaka

Loans for Skills Training to Boost Jobs and Wages in Bangladesh

ADB will lend $350 million to Bangladesh to help public and private institutions scale up skills training for 1.25 million young workers so they are well-equipped to find jobs and meet the changing needs of today’s labor market.

ADB Approved $21.02 Billion in Financing Operations in 2013

ADB approved $21.02 billion in financing operations last year, according to ADB’s 2013 Annual Report, released ahead of its 47th Annual Meeting of the Board of Governors to be held 2–5 May in Astana, Kazakhstan.

ADB Appoints New Country Director for Bangladesh

ADB has appointed Kazuhiko Higuchi as the new Country Director for its Bangladesh resident mission.