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Tuesday, November 19, 2019
The NDB Promised to Revolutionise Development Finance. What happened?
Five years after its creation, the New Development Bank, or BRICS bank, hasn’t lived up to grand early promise — but things could change
On November 14, 2019, Mr. K.V. Kamath, President of the New Development Bank reported to the Leaders of Brazil, Russia, India, China and South Africa during the 11th BRICS Summit in Brasilia, Brazil
The Russian government and the New Development Bank (NDB), established by BRICS states, have concluded an agreement on opening the bank's Eurasian Regional Center in Moscow
Leaders of the BRICS group of leading emerging economy nations meeting this week will discuss opening their development bank to other countries to increase its capital to fund infrastructure and other projects, diplomats and the bank’s head said
The New Development Bank (NDB) said it approved a USD-300-million (EUR 270.7m) loan to India’s REC Ltd, a public infrastructure financier, to support the Indian government’s investment in the renewable energy sector
The African Development Bank and the New Development Bank have signed an agreement to promote new impact projects to improve lives of millions of Africans
The New Development Bank (NDB), established by BRICS member states, will provide Brazil with a $500 million loan for the national climate fund's project, the bank said in a statement, published on its official website