In which year was the Asian Development Bank established?

The Asian Development Bank (ADB) was established in 1966, marking the beginning of its mission to promote social and economic development in Asia. The ADB was formed to foster economic growth and cooperation among countries in the Asia-Pacific region, primarily through providing loans, technical assistance, and grants for development projects aimed at reducing poverty and enhancing quality of life.

The year 1966 is significant as it underscores the ADB's commitment to regional development at a time when many Asian countries were emerging from colonial rule or economic challenges. The bank plays a crucial role in supporting infrastructure development, education, and health initiatives across member countries, thus making the year of its establishment a pivotal point in regional cooperation and development strategy.

Other years mentioned serve as historical markers for different events or organizations, but they do not represent the founding of the ADB, which firmly took root in 1966.