ADB, AIIB sign MoU to strengthen synergy Frankfurt, May 2 Amidst rising concerns over the coexistence of the Asian Development Bank (ADB) and China-backed Asian Infrastructure Development Bank (AIIB), the multilateral development banks have signed memorandum of understanding (MoU)... 03 May, 2016
$3.4 billion aid for developing nations KATHMANDU: ADB Board of Directors has approved allocation of $3.4 billion in additional funds to help developing member countries (DMCs)respond to the global economic crisis. ADB has established a $3 billion Countercyclical Support Facility (CSF) that... 18 Jun, 2009