Asian Development Bank (ADB), a multilateral development finance institution, provides financial and technical assistance for a range of development activities primarily for the public sector in its developing member countries of Asia and the Pacific region. Its operations comprise loans, equity investments, and guarantees. The company extends loans and provides technical assistance to its developing member countries for a range of development projects and programs. It also promotes and facilitates investment of public and private capital for economic and social development. In addition, ADB provides direct assistance to private enterprises of developing countries through equity investments and loans. Further, its triple-A credit rating helps mobilize funds for development. The company supports activities ranging from agriculture and natural resources to energy, finance, social infrastructure, and transport and communications. ADB is owned and financed by its 67 member countries. Asian Development Bank was founded in 1966 and is headquartered in Manila, the Philippines.