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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). [1]
19 Ιαν 2024 · The New Development Bank (NDB) finances projects and innovates tailored solutions to help build a more inclusive, resilient, and sustainable future for the planet.
7 Ιουλ 2015 · Since our establishment in 2015, NDB has evolved to become a major provider of sustainable development solutions for the EMDCs.
NDB’s founding members made an initial subscription of five hundred thousand shares totalling USD 50 billion, which include one hundred thousand shares corresponding to a paid-in capital of USD 10 billion and four hundred thousand shares corresponding to a callable capital of USD 40 billion.
26 Αυγ 2015 · Aug 26, 2015. Last month marked the official launch of the New Development Bank (NDB) in Shanghai. After the short-lived fanfare and excitement, the real work is now well under way to build, from humble beginnings, a new global development finance institution.
The New Development Bank (NDB), formerly known as the BRICS Development Bank, is a multilateral development bank operated by the BRICS states (Brazil, Russia, India, China and South Africa). The bank aims to foster greater financial and development cooperation among the five emerging markets.
The NDB disclosed, in August 2016, a document elucidating its socioenvironmental policy, which addresses questions as: Mechanisms to identify and manage socioenvironmental risks generated by projects funded by the bank, based on the “Equator Principles”;
