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Friday, January 26, 2024
NDB Pledges Strong Economic Ties with Bangladesh
New Development Bank (NDB) Vice President Vladimir Kazbekov reassured Bangladesh of enhanced economic relations and increased collaborations for sustainable development
BRICS, a bloc of leading emerging markets, is preparing to launch new bonds in global markets, which will be available in local currencies rather than in the US dollar
Will include green, blue, social, and sustainable bonds to support Egypt’s Vision 2030
New Development Bank reported that it has deposited US$1 billion in loans to Brazil. These funds are part of the agreement concluded by the Minister of Finance in October. Fernando Haddad, Chairman of the Monetary Agency, Dilma Rousseff
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
The government is set to take up its first New Development Bank-funded project to ensure safe water supply for Dhaka residents
The New Development Bank Bill, 2023 was passed in parliament to welcome funds from the lending arm of BRICS