World Bank chief welcomes new Brics development bankAditya Kalra
The BRICS New Development Bank (NDB) has signed a loan agreement to support sustainable infrastructure development in east China's Zhejiang Province, marking the latest update of its first non-sovereign loan in China, the bank announced Tuesday. Under the agreement, NDB will provide approximately ...
Established by BRICS nations in 2015, the New Development Bank aims to finance sustainable infrastructure and development projects across the Global South. Manish Chand, CEO and editor-in-chief of India Writes Network and the "India and the World" magazine, said that the bank has e...
The New Development Bank, founded by the Brics countries in 2015 and headquartered in Shanghai, marked its seventh anniversary on Friday, 7 July. 10 Jul 2023 Source: New Development Bank. In line with the milestone, Leslie Maasdorp, vice president and chief financial officer of the bank, af...
Since its establishment in 2015, the New Development Bank, the NDB, also known as the BRICS Bank, has endeavored to cater to the socio-economic development and environmental protection needs of its member States. As part of its new general strategy, the NDB will work towards aligning its new...
BRICS New Development Bank Authorizes Algeria to Join More Reuters President of the New Development Bank (NDB) Dilma Rousseff attends the Ninth Annual Meeting of the NDB, a multilateral development bank established by Brazil, Russia, India, China and South Africa (BRICS) in Cape Town, South Afri...
The addition of new members is a critical milestone for the New Development Bank (NDB) since it's the first entry into more emerging markets, said Leslie Maasdorp, vice president and CFO of NDB. The NDB, which was backed by the BRICS nations, has announced it will welcome...
The BRICS New Development Bank (NDB) has approved a loan of 50 million U.S. dollars equivalent in RMB to the Bank of Huzhou for the Sustainable Infrastructure Project, marking its first non-sovereign loan in China, the bank announced Wednesday. The loan will be used to finance sustainable ...
英文:The New Development Bank was established by the BRICS countries to promote common development and economic growth. 中文:这家新开发银行提供各种贷款和投资服务,以支持发展中国家的基础设施建设。 英文:This new development bank provides various loan and investment services...
The New Development Bank has emerged as a rising force in the international financial system and a shining example of Global South collaboration, he said.He stressed that broader BRICS cooperation has entered a stage of high-quality development, and that the bank is set to embark on its second...