12 Things to Know: Microfinance

Giving the poor access to affordable financial services enables them to seize livelihood opportunities, manage cash flow spikes, and mitigate risks. Here are 12 things to know about microfinance. Read More

Asian Economies Bounce Back

Developing country economies in Asia are returning to strong growth driven by rising consumption and intraregional trade. Read More

Risk of Asset Price Bubble Looms over Emerging East Asia

Strong demand for emerging East Asia’s local currency bonds continues but regulators must manage risks from high capital inflows. Read More

Asian Countries Grow Closer

Economies in the Asia the Pacific region are more integrated but complex challenges remain and concerns about Europe could slow progress. Read More

Overview

ADB has been supporting Financial Sector Development of developing member countries in the Asia and Pacific region in many ways. Financial sector operations since 1966 have accounted for 11% of total ADB operations. In 2010, sovereign lending of $893.4 million supported the general financial sector and capital market development for microfinance, small and medium-sized enterprises, and regulatory reforms. Non-sovereign investments reached $1.035 billion, largely supporting housing finance, microfinance, and regional guarantees.

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FAST FACTS

$1,263.4 (2010)
finance sector loans

11.0% (2010)
of all ADB loan approvals

$17.1 (2010)
finance sector grants