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Developing Asia Growth to Fall in 2020 on COVID-19 Impact

Regional economic growth in developing Asia will decline sharply in 2020 due to the effects of the novel coronavirus (COVID-19) pandemic, before recovering in 2021, according to the Asian Development Outlook (ADO) 2020, the ADB annual flagship economic publication. Read more

Download Asian Development Outlook (ADO) 2020


ADB is supporting its developing members in responding to the COVID-19 outbreak through finance, knowledge, and partnerships.

Learn more about ADB's response to COVID-19

Recognizing the urgency of the global coronavirus pandemic, ADB President Masatsugu Asakawa introduces ADB’s new $6.5 billion assistance package for its developing members.

Our Mission

Achieve a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining our efforts to eradicate extreme poverty.

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Responding to a Crisis Like No Other

ADB’s headquarters has been closed since 12 March, with most staff now working from home. ADB’s response to the COVID-19 crisis has been swift and we remain ahead of the curve.

Blog Entry

Pandemic highlights the need to manage Asia’s debt problem

Bank-held nonperforming loans in some Asian economies have risen in recent years. Policy makers should address this growing risk now.

What We Do

Public Sector (Sovereign) Financing

Public Sector (Sovereign) Financing

Financial products for developing member country governments and public sector entities.

Private Sector (Nonsovereign) Financing

Private Sector (Nonsovereign) Financing

Direct financial assistance to private sector projects.

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Investor Relations

Investor Relations

A leading triple-A borrower, ADB raises funds regularly through international capital markets.


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 53rd Annual Meeting of the ADB Board of Governors

53rd Annual Meeting of the Asian Development Bank

20 Mar 2020 Update

Given the ongoing COVID-19 situation the 2020 Annual Meeting (AM) of the Board of Governors will now be held in two parts. A reduced-scale meeting on 22 May 2020 will be held at ADB Headquarters in Manila. Please note this is predominantly for Governors' appointed representatives to consider ADB’s financial statements and allocation of net income. A full-scale AM to be held on 18-21 September in Incheon. Further information on the Annual Meeting website.


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