ADFIAP, founded in 1976, is the largest and most prestigious aggrupation of development banks and other financial institutions engaged in the financing of development in the Asia-Pacific region. It counts among its 131 members in 45 countries, the Asian Development Bank (ADB). It is a founding member of the World Federation of Development Financing Institutions (WFDFI) comprising of similar associations in Africa, Europe, Latin America and the Middle East, and a non-governmental organization in consultative status with the United Nations Economic and Social Council. The permanent Secretariat of ADFIAP is based in Manila, Philippines.

Human resource development, specifically training, is one the strengths of the Association. ADFIAP, through its Asia-Pacific Institute of Development Finance, has organized over a hundred conferences, symposia, and seminars not only in the Asia-Pacific region but in Europe and North America as well, notably Germany, the U.S. and Canada. These events were mostly in collaboration with international organizations, among others, the World Bank Institute, the German Foundation for International Development (now InWEnt), the United Nations Development Programme, the United Nations Industrial Development Organization, the USAID, the Australian International Development Assistance Bureau (now AusAid), the International Trade Centre UNCTAD/WTO (ITC), the Center for International Private Enterprise (CIPE), the ADB, etc.

Another strength of ADFIAP is in research and publication. The Association regularly publishes the Journal of Development Finance, resource books and manuals, a compilation of technical papers and studies on related subjects in the field of development finance, the ADFIAP Newsletter, and many others. Research studies and surveys of over 50 subjects have been published so far. ADFIAP has also produced volumes of case studies and training packages on project appraisal, supervision, and rehabilitation, joint ventures, trade finance, environmental due diligence, corporate governance, socially-responsible investment, entrepreneurship, etc.

Using its expansive network and pool of experts and resource persons, ADFIAP has also conducted capacity-building programs for members and same-purposed institutions on project management, SME finance, greenbanking, microfinance and governance. It also provides consulting and advisory services on development banking using the knowledge and experiences of member-development banks in the Asia-Pacific Region.


Click here to view ADFIAP – Capability Statement

International Awards

Association of Development Financing Institutions in Asia & the Pacific
Makati City, Metro Manila, Philippines

“Environmental Governance Standards” Project

ADFIAP’s project pursues sustainable development through adherence to the principles of a safe and clean environment, as part of good corporate citizenship and as an integral part of sound business practice.

ADFIAP developed for its members an internal environmental management system (IEMS), a structured process on how to make a bank’s office premises and procedures track use of its resources. The association also developed an environmental risk scan (ERS) to help the banks integrate environmental aspects in its lending policy and decision-making process. By doing so, ADFIAP is helping its member-banks to be not just caretakers of people’s money but also caretakers of Mother Earth.

WINNER of “Associations Make a Better World Awards 2008” “DFI’s for Corporate Governance” Project

awardsADFIAP’s program is the association’s response to the growing need of development finance institutions for the implementation of good corporate governance policies and practices in their respective institutions. The program resulted in nearly all member banks developing Board-approved corporate governance codes and appointing a corporate governance officer or point-person in their respective institutions.

The whole program of the Association revolves around the concept that development finance coupled with good governance are key to sustainable development which, in turn, “makes a better world”.