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  • BRICS New Development Bank approves first non-sovereign loan in China

    The BRICS New Development Bank (NDB) has approved a loan of 50 million U.S. dollars equivalent in RMB to the Bank of Huzhou for the Sustainable Infrastructure Project, marking its first non-sovereign loan in China, the bank announced Wednesday.

    November30,2023


  • 【Financial Str. Release】New Development Bank becomes major panda bond issuer on China Interbank Bond Market

    The Shanghai-based New Development Bank (NDB) has become one of the largest issuers of panda bonds on the China Interbank Bond Market, the bank said on Friday.

    July01,2023


  • Chinese vice premier stresses NDB's role in global development

    Chinese Vice Premier Ding Xuexiang on Tuesday expressed hope that the New Development Bank (NDB) can join hands with all parties to shape a new era for global development.

    May31,2023


  • Positive outlook for Chinese economy in 2023: New Development Bank VP

    The Chinese economy is heading for strong growth in 2023, Vice President of the New Development Bank (NDB) Leslie Maasdorp said at the ongoing World Economic Forum (WEF) in Davos, Switzerland on Tuesday.

    January18,2023


  • NDB approves 7-bln-yuan loan to China to help fight COVID-19

    The BRICS New Development Bank (NDB) has approved an emergency assistance loan of 7 billion yuan (about 1 billion U.S. dollars) to China to help the country fight COVID-19, according to the bank's statement released Friday.

    March23,2020


  • BRICS New Development Bank places bond in China

    The BRICS New Development Bank (NDB) successfully placed 3 billion yuan (448 million U.S. dollars) of RMB-denominated bonds in the China Interbank Bond Market on Monday, the bank announced Tuesday.

    February28,2019


  • Two China-based development banks become UNGA observers

    The UN General Assembly on Thursday granted the status of observer to two development banks both headquartered in China and founded only years ago.

    December21,2018


  • BRICS New Development Bank approves 6 projects

    The BRICS New Development Bank (NDB) has approved six new projects from all five member countries with loans totalling 1.6 billion U.S. dollars, according to NDB President K.V. Kamath.

    May31,2018


  • ICBC, NDB sign memorandum on strategic cooperation

    Industrial and Commercial Bank of China (ICBC), one of China's "Big Four" State-owned commercial banks, and the New Development Bank (NDB) recently signed a memorandum of understanding on strategic cooperation.

    September15,2017


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