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Tuesday, May 4, 2021
BRICS Development Bank Increases Lending to Brazil
The New Development Bank (NDB) has accelerated the approval of loans for Brazil after having established a physical presence in the country
The New Development Bank (NDB) priced its 5-year USD 1.5 billion benchmark bond. This transaction is the third USD benchmark bond offering of the Bank in the international markets
The New Development Bank approved a $1 billion emergency loan for South Africa to support government efforts to contain the economic impact of the coronavirus pandemic
The board of New Development Bank (NDB) authorized a loan of US$153mn for road improvements in northern Brazil’s Pará state
FM Nirmala Sitharaman suggested that NDB must consider developing a synergistic relationship with institutions that share its development priorities to achieve greater results
The New Development Bank has approved a €436 million ($511 million) loan for the implementation of the Tianjin Nangang liquefied natural gas (LNG) Emergency Reserve Project by oil and gas company Beijing Gas
The New Development Bank (NDB) has approved a loan of up to $1 billion to support healthcare workers treating patients for COVID-19 in Russia