Published 1 month ago

BRICS development bank aims to make US$5 billion in loans in 2024

Summary by Ground News

The New Development Bank aims to make about US$5 billion in loans this year. NDB was set up in 2015 by Brazil, Russia, India, China and South Africa. Zhou did not elaborate on how the bank may have been off track, but said China and India have received slightly more investment from the bank.

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Channel News Asia

BRICS development bank aims to make US$5 billion in loans in 2024

BOAO, China: The New Development Bank (NDB), set up by the BRICS group of emerging economies, aims to make about US$5 billion in loans this year, its vice president, Zhou Qiangwu, said on Tuesday (Mar 26). "During the epidemic, our business has been somewhat affected, and now everything is going back on tr

1 month ago·Singapore

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The Straits Times

BRICS development bank aims to make $5 billion in loans in 2024

BOAO, China - The New Development Bank (NDB), set up by the BRICS group of emerging economies, aims to make about $5 billion in loans this year, its vice president, Zhou Qiangwu, said on Tuesday. Read more at straitstimes.com.

1 month ago·Singapore

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