ADB's Focus on the Finance Sector
In the Spotlight
ADB is supporting access to finance in several areas through direct lending and technical assistance, including projects that aim to help Mongolia’s Small and Medium Enterprises (SMEs) sustain their businesses and thereby foster growth, diversify the economy, lessen dependence on the mining sector, and create jobs. Watch video
State-owned enterprises, including power utilities, in many countries, have collected a menagerie of assets unrelated to their core business. And they are selling cheap.
Access to low-cost financing with limited collateral requirements has inspired many women to start family businesses in the beautiful Maldives.
Micro, small, and medium-sized enterprises play a critical role in the empowerment and economic freedom of women in Armenia, who are increasingly becoming agents of growth for the country's economy.
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.