ADB supports developing a well-regulated, stable and competitive financial sector across Asia and the Pacific that can effectively mobilize finance for sustainable development, strengthen resilience, and expand financial inclusion to help to end poverty, fight inequality, and tackle climate change.
Developing Asia needs investment of $1.7 trillion per year in infrastructure to maintain its growth momentum, tackle poverty, and respond to climate change.
The global trade finance gap grew to $1.7 trillion in 2020, hampering progress towards many of the UN Sustainable Development Goals.
About 2.7 billion people worldwide, or 70% of adults in developing countries, have no access to formal financial services, such as bank accounts or loan facilities.
Finance Sector operations support ADB’s new climate agenda across banking, insurance, and capital markets, intending to foster financial product innovations that will support initiatives for investing in quality infrastructure, financial digitalization and increasing inclusion of MSMEs and women. Besides enabling private sector-led growth, it will also offer environmental and social benefits.
ADB's Trade and Supply Chain Finance Program fills market gaps for trade finance by providing guarantees and loans to banks to support trade. ADB is mainstreaming inclusive financing and has been actively promoting innovation and best practice in microfinancing to include savings, payments, remittances, insurance, and pensions. The bank also supports the development of Islamic Finance across the region.
Results delivered in 2022 from ADB projects.
Women-owned or -led SME loan accounts opened or women-owned or -led SME end borrowers reached
Business development and financial sector measures supported
Models for business development and financing established or improved