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New Development Bank

Wikipedia short information

The New Development Bank (NDB), formerly referred to as the BRICS Development Bank, is a multilateral development bank established by the BRICS states (Brazil, Russia, India, China and South Africa). According to the Agreement on the NDB, "the Bank shall support public or private projects through loans, guarantees, equity participation and other financial instruments." Moreover, the NDB "shall cooperate with international organizations and other financial entities, and provide technical assistance for projects to be supported by the Bank."

Link: NDB

Official Web-Site

 

Member countries

Map New Development Bank - Member states map

 

Full members Observers Special members
Brazil    
China    
India    
Russia    
South Africa    

 

 

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