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  1. www.ndb.intHome - New Development Bank

    Jan 15, 2024 · Established in 2015 by BRICS countries, the New Development Bank is a multilateral development bank aimed at mobilising resources for infrastructure and sustainable development projects in BRICS and other EMDCs.

  2. en.wikipedia.org › wiki › New_Development_BankNew Development Bank - Wikipedia

    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).

  3. www.ndb.int › about-ndbAbout NDB - New Development Bank

    The New Development Bank (NDB) is a multilateral development bank established by Brazil, Russia, India, China and South Africa (BRICS) with the purpose of mobilising resources for infrastructure and sustainable development projects in emerging markets and developing countries (EMDCs).

  4. www.weforum.org › agenda › 2019BRICS' New Development Bank turns four: what has it achieved?

    Sep 20, 2019 · NDB was created to help fill this funding gap in the BRICS economies, and was intended to grow its global scope over time. The bank, with its subscribed capital base of US$50bn, is now poised to become a meaningful additional source of long-term finance for infrastructure in its member countries.

  5. www.ndb.int › projects › all-projectsAll Projects - New Development Bank

    Jul 9, 2024 · Established in 2015 by BRICS countries, the New Development Bank is a multilateral development bank aimed at mobilising resources for infrastructure and sustainable development projects in BRICS and other EMDCs.

  6. www.weforum.org › agenda › 2017As the BRICS New Development Bank turns two, what has it...

    Sep 1, 2017 · Armed with little more than a mandate and modest budget, New Development Bank (NDB) President KV Kamath and four vice presidents from BRICS countries (Brazil, Russia, India, China and South Africa) arrived in Shanghai during July 2015. The task was to set up a new multilateral development bank (MDB) from ground zero.

  7. www.brookings.edu › articles › what-the-new-bank-of-brics-isWhat the New Bank of BRICS is All About | Brookings

    Jul 17, 2014 · As leaders of the five BRICS countries have agreed to launch a new development bank, Raj M. Desai and James Raymond Vreeland discuss its purpose and implications on global...