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Wednesday, September 29, 2021
NDB Approved a Loan of USD 300 Million to DOM.RF
The Board of Directors (Board) of the New Development Bank (NDB) held its 32nd Meeting in a virtual format
UAE, Uruguay and Bangladesh joining the NDB opens the path to BRICS membership.
The New Development Bank (NDB) set up by the BRICS group of nations said it had admitted the United Arab Emirates, Uruguay and Bangladesh as members in its first expansion push
A little over a year ago, Marcos Troyjo took over the management of the BRICS Bank (NDB), which was created in 2014. “When we got here, only 10% of projects were approved in Brazil. Now it is 20% ”, says the former Minister of Foreign Trade
NDB has been set up by Brazil, Russia, India, China and South Africa (BRICS) to mobilise resources for infrastructure and sustainable development projects in the bloc and other emerging economies, as well as in developing countries
Five years ago in 2017,NDB issued its General Strategy 2017-2021 to support sustainable infrastructure development.This year is the closing year of the General Strategy.In the past five years,what experience and success have NDB achieved in its sustainable development investment?
The New Development Bank will add at least four new member countries next month, with the likes of Bangladesh and Egypt leading the charge to join. A concerted focus on ESG and more private-sector lending are also on the cards for the Shanghai-based multilateral