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Tuesday, January 18, 2022
New Development Bank Updates: NDB Enters 2022 in Expansion Mode
Development bank established by BRICS approved the admission of Bangladesh, Egypt, UAE and Uruguay
India welcomed Egypt's entry as the fourth new member of the New Development Bank (NDB) that was established by the BRICS countries six years ago
Development bank established by BRICS further expands membership
The Board also approved a loan of RMB 3,237 million to the People’s Republic of China for the Qingdao Metro Line Six (Phase I) Project
Deputy Prime Minister Alexei Overchuk, who heads the Russian delegation at the 26th UN Climate Change Conference of the Parties (COP26), had a meeting with President of the New Development Bank Marcos Troyjo
China will be highly supportive of the Asian Infrastructure Investment Bank (AIIB) and New Development Bank (NDB) due to their policy importance, fulfilling its role as a key shareholder, Fitch Ratings says
The funds will come from the New Development Bank (NDB) and benefit projects in the areas of sustainable urban mobility, solid waste, renewable energy, efficient equipment, sustainable cities, climate change, and native forests