News Releases

Emerging East Asia’s local currency bond markets continued to expand in 2012, signaling ongoing investor interest in the region’s fast-growing economies but also raising the risk of asset price bubbles, said ADB's latest Asia Bond Monitor.

ADB returned to the US dollar bond market yesterday with the pricing of a $2.5 billion, 3-year global benchmark bond issue, proceeds of which will be part of the Bank’s ordinary capital resources and used in its non-concessional operations.

Companies operating in developing Asia lost out on nearly $425 billion in trade finance in 2011 alone, according to a new survey by ADB.

Development Finance Institutions are sharing experiences and lessons in corporate governance at a two-day meeting hosted by ADB. The conference is meant to intensify the collaboration among signatories of the Corporate Governance Development Framework and to raise the bar on better enforcement of rules, practices and procedures by which client-beneficiaries operate.

ADB is resuming operations in Myanmar, with an assistance package for social and economic development that is designed to build a solid foundation for further reforms to alleviate poverty and foster growth.

ADB returned to the US dollar bond market yesterday with the pricing of a $1 billion 7-year global benchmark bond issue. The proceeds of the bond will be part of the bank’s ordinary capital resources and used in its non-concessional operations.

ADB will help grow access to Islamic finance in Afghanistan, Bangladesh, Indonesia, and Pakistan with a $750,000 technical assistance grant to help implement prudential standards developed by the Islamic Finances Services Board.

The surging economies of Southeast Asia have been a bright spot in developing Asia’s otherwise subdued 2012 growth performance, but the broader region should still pick up steam in 2013, says a new ADB report.

ADB will provide $300 million to help Bangladesh smooth volatility in its financial markets, making them safer and more attractive places to invest.

ADB is creating a Supply Chain Finance Program that will bring over $1 billion to help cash-strapped small and medium-sized enterprises in Asia and the Pacific access capital that can help them grow.