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Acba Bank will support small and medium-sized businesses in European and Asian markets

ADB sees highest net income allocation from ordinary capital resources in 2023

TBILISI, Georgia The Asian Development Bank (ADB) recorded its highest net income allocation in history from its ordinary capital resources (OCR) last year. Addressing the ADB Board of Governors at the Business Session on Sunday, ADB President Masatsugu Asakawa said the 2023 financial statements of the Manila-based multilateral bank’s net income…

India urges ADB not to overlook its focus on growth and shared prosperity

In Tbilisi, Georgia, at the 57th Annual Meeting of the Asian Development Bank (ADB), India emphasized the importance of focusing on poverty reduction alongside sustainable growth. India s Vikas Sheel, speaking on behalf of Finance Minister Nirmala Sitharaman, urged ADB not to overlook its mandate on growth and shared prosperity. Despite Sitharaman s absence due to India s ongoing elections, India affirmed its support for inclusive and sustainable growth in Asia and the Pacific.

ADB Open to Funding Space Sector in India: VP Bhargav Dasgupta

ADB has done some projects in satellite in the Asia Pacific region, but has not provided any assistance in the Indian space sector

ADB open to funding space sector in India: VP Bhargav Dasgupta

ADB has done some projects in satellite in the Asia Pacific region, but has not provided any assistance in the Indian space sector.