ADB's Focus on Finance Sector Development
In the Spotlight
For nearly two decades, ADB's Financial Sector Program has helped strengthen Cambodia’s legal framework and expand access to finance.
Access to finance and expertise is helping fisher folk, cocoa farmers, and others in Indonesia's Aceh and North Sumatra link to major markets for their products.
This publication shows the evolution of ADB’s financial policies, strategies, practices, and approaches by decade of operations and serves as a good introduction to financial management practices in multilateral development banks.
Reforms that will expand the use of moveable property, such as vehicles and crops, as collateral could transform the way small businesses and lenders operate in Papua New Guinea.
The financial system is the lifeline of a country’s economy. It creates prosperity that can be shared throughout society and benefit the poorest and most vulnerable people. Financial sector and capital market development, including microfinance, small and medium-sized enterprises, and regulatory reforms, is vital to decreasing poverty in Asia and the Pacific. Since the Asian financial crisis in 1997-1998, the region’s financial sector has strengthened significantly. However, it still lags substantially behind that of developed economies and room to grow.