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ABOUT AIIB

OUR HISTORY

Founding Story

AIIB opened its doors on Jan. 16, 2016, following collaborative discussions with our 57 founding members to shape our core philosophy, principles, and policies. We have since grown to 111 members across six continents and have approved USD70 billion in over 360 projects.

Driven by our core values of Lean, Clean, and Green, we aim to create a better tomorrow for billions of people by investing in sustainable infrastructure in Asia and beyond. Operating on the foundations of robust banking principles, high project standards, and multilateral governance and backed by a global and diversified shareholder base, we strive for financial and environmental sustainability to fulfil our mission of Financing Infrastructure for Tomorrow.

Timeline

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Beijing, January 16, 2016
AIIB open for business. Jin Liqun elected as first President
The Board of Governors of the Asian Infrastructure Investment Bank (AIIB) convened its inaugural meeting today, declaring the Bank open for business and electing Mr.Jin Liqun as President for a five year term. President Xi Jinping and Premier Li Keqiang of China addressed the AIIB’s opening, which was held alongside the Board of Governors meeting.
London, United Kingdom, May 11, 2016
Asian Infrastructure Investment Bank to cooperate with European Bank for Reconstruction and Development
The Asian Infrastructure Investment Bank (AIIB) and European Bank for Reconstruction and Development (EBRD) have agreed to deepen cooperation between the two organizations as they promote economic development and investment across countries where they are both active.
Frankfurt, Germany, May 02, 2016
AIIB, ADB sign MOU to strengthen cooperation for sustainable growth
Asian Infrastructure Investment Bank (AIIB) President Jin Liqun and Asian Development Bank (ADB) President Takehiko Nakao signed a memorandum of understanding (MOU) here today on the sidelines of ADB’s 49th Annual Meeting of the Board of Governors.
Beijing, January 17, 2016
Inaugural meeting of the AIIB’s Board of Governors
The inaugural meeting of the Asian Infrastructure Investment Bank’s Board of Governors was held in Beijing on January 16-17, 2016. 30 Governors, representing over 74 percent of the AIIB’s allocated capital, participated.
Washington, April 14, 2016
AIIB and World Bank sign first Co-Financing Framework Agreement
Close cooperation between the two institutions will support economic development
Beijing, February 09, 2017
AIIB and IFC Sign ISDA Master Agreement to Expand Infrastructure Investments in Asia
The Asian Infrastructure Investment Bank (AIIB) and IFC, a member of the World Bank Group, have signed an International Swaps and Derivatives Association (ISDA) Master Agreement to enhance their capacity to make investments in emerging-markets projects, especially in Asia’s infrastructure sector.
Beijing, China, March 07, 2017
AIIB Says No to Doing Business with Corrupt Bidders
The Asian Infrastructure Investment Bank (AIIB) has taken another step towards solidifying its anti-corruption policies by voluntarily adopting the list of sanctioned firms and individuals under the Agreement for Mutual Enforcement of Debarment Decisions (AMEDD), effective March 1, 2017.
New Delhi, India, April 01, 2017
Asian Infrastructure Investment Bank and New Development Bank Sign Memorandum of Understanding to Promote Cooperation
Today, Sir Danny Alexander, Vice President and Corporate Secretary of the Asian Infrastructure Investment Bank (AIIB) and Mr. Paulo Nogueira Batista Jr.
Beijing, June 29, 2017
AIIB Receives Triple-A Credit Rating
Moody’s Investors Service ("Moody’s") announced it has assigned the Asian Infrastructure Investment Bank (AIIB) its highest possible rating and a stable outlook.
Jeju, Republic of Korea, June 16, 2017
Opening Address Meeting of the AIIB Board of Governors President Jin Liqun June 16, 2017 As Prepared for Delivery
Your Excellencies, the President of the Republic of Korea; the Deputy Prime Minister and Minister for Strategy and Finance; Distinguished Governors and Members of the Board of Directors; Honored Guests; Ladies and Gentlemen.
Beijing, October 11, 2017
The Basel Committee on Banking Supervision assigns eligible AIIB liabilities a 0% risk weighting
The Basel Committee on Banking Supervision has assigned eligible Asian Infrastructure Investment Bank (AIIB) liabilities a 0% risk weighting as well as a high-quality liquid assets (HQLA) Level One designation.
Washington, April 19, 2018
Asian Infrastructure Investment Bank and African Development Bank sign MoU to promote cooperation
A Memorandum of Understanding to enhance collaboration on sustainable economic development was signed on April 18 by the Asian Infrastructure Investment Bank and the African Development Bank and formalized during the World Bank-International Monetary Fund Spring Meetings in Washington, DC.
Beijing, April 05, 2018
AIIB Adopts Strategy on Private Capital Mobilization
The Asian Infrastructure Investment Bank (AIIB) has released its "Strategy on Mobilizing Private Capital for Infrastructure" to further define the bank’s approach to making investment in emerging market infrastructure more attractive to private investors.
Mumbai, India, June 26, 2018
Opening Address Meeting of the AIIB Board of Governors President Jin Liqun
Honorable Prime Minister of India, Finance Minister, Governor and Chief Minister of Maharashtra, Distinguished Governors and Members of the Board of Directors, Honored Guests, Ladies and Gentlemen.
Mumbai, India, June 25, 2018
AIIB and IsDB Group Join Forces to Grow Sustainable Infrastructure
For the first time, the Asian Infrastructure Investment Bank (AIIB) and the Islamic Development Bank Group (IsDB Group) have signed a Memorandum of Understanding (MOU) to establish a framework for strategic cooperation, including actively seeking to co- finance projects in common areas of operations.
Beijing, China, July 09, 2018
AIIB to Transition to New Model For Project Approvals
The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a new governance model that will strengthen its role in establishing the policies and strategies of the bank and its ability to hold the President accountable for the management of AIIB.
Beijing, China, December 21, 2018
AIIB Granted Permanent Observer Status by the United Nations
The United Nations (UN) has adopted a resolution granting the Asian Infrastructure Investment Bank (AIIB) permanent observer status.
Beijing, China, December 21, 2018
AIIB Establishes Accountability Mechanism for Project-Affected People
The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors approved on Dec. 7, 2018 the Policy on the Project-affected People’s Mechanism (PPM).
Beijing, China, January 29, 2019
Infrastructure Investment Needs to Scale Up to Ensure Long-Term Growth in Asia: AIIB Report
Infrastructure projects focused on cross-border connectivity present significant investment opportunities and are vital for long-term growth in Asia.
Beijing, China, May 09, 2019
AIIB reaches new milestone by pricing debut global bond to unlock financing for infrastructure
London, UK - The Asian Infrastructure Investment Bank (AIIB) today priced its first global bond. The five-year bond raised USD 2,500,000,000 and will drive AIIB’s priorities of investing in sustainable infrastructure, developing cross-border connectivity, and promoting Environmental, Social and Governance (ESG) investing in Emerging Asia.
Luxembourg, July 12, 2019
Around Eight Per Cent GDP Infrastructure Investment Key to Asia’s Socio-Economic Growth and connecting Asia to the World: AIIB President Jin Liqun
Opening the 2019 Asian Infrastructure Investment Bank Annual Meeting in Luxembourg in the presence of HRH Grand Duke of Luxembourg and Luxembourg Prime Minister Xavier Bettel and Luxembourg Minister of Finance and Chairman of the Board of Governors for the 2019 Annual Meeting, Pierre Gramegna, AIIB President Jin Liqun, set out the Bank’s commitment to drive the green economy through sustainable, adaptable and innovative infrastructure investment.
Luxembourg, July 13, 2019
AIIB reaches 100-member milestone
The Asian Infrastructure Investment Bank (AIIB) now has 100 approved members after its Board of Governors today supported the applications of three African countries.
Beijing, August 20, 2019
AIIB Becomes a Member of the Ethics Network of Multilateral Organizations (ENMO)
The Ethics Network of Multilateral Organizations (ENMO) has approved the Asian Infrastructure Investment Bank for membership.
Beijing, China, April 17, 2020
AIIB Doubles COVID-19 Crisis Response to USD10 Billion
The Asian Infrastructure Investment Bank (AIIB) is doubling available funds under its COVID-19 Crisis Recovery Facility to provide USD5-10 billion due to high client demand. This follows AIIB’s announcement to make USD5 billion available to help public and private sector clients manage through the COVID-19 pandemic.
Beijing, China, June 11, 2020
AIIB Prices RMB3 Billion Inaugural Panda Bond
The Asian Infrastructure Investment Bank (AIIB) today successfully priced its inaugural renminbi-denominated Sustainable Development Bond in the China Interbank Bond Market (CIBM).
Beijing, China, July 28, 2020
Jin Liqun Reelected President of AIIB
Jin Liqun has been elected to a second term as President of the Asian Infrastructure Investment Bank (AIIB) by the Bank’s Board of Governors.
Beijing, China, July 27, 2020
His Excellency Xi Jinping, President of the People’s Republic of China to Participate in 2020 AIIB Annual Meeting
His Excellency Xi Jinping, President of the People’s Republic of China, will provide the opening address at the Opening Ceremony for the 2020 Asian Infrastructure Investment Bank’s (AIIB) Annual Meeting.
London, UK, October 14, 2020
AIIB debut in GBP market unlocks new financing for sustainable development
London, UK—The Asian Infrastructure Investment Bank (AIIB) today priced its first GBP-denominated benchmark transaction. The five-year sustainable development bond raised GBP 800 million and will finance AIIB’s mission of financing infrastructure for tomorrow – investing in sustainable infrastructure to unlock new capital, new technologies and new ways in which to address climate change and to connect Asia, and the world. The pricing of this bond is the latest milestone for AIIB. Despite being AIIB’s first outing in the GBP market, and its fifth-ever syndicated benchmark transaction in the international capital markets, the deal was met with wide ranging demand. The orderbook closed in excess of GBP 2.0 billion from 74 orders with strong support from Bank Treasuries, Official Institutions and wider real money investors.
Beijing, China, March 25, 2020
AIIB To Scale Up Public Health Infrastructure in Wake of COVID-19
Recognizing that countries with fragile infrastructure have less capacity to handle health crises, the Asian Infrastructure Investment Bank (AIIB) is working to scale up infrastructure investment—including in public health, healthcare and information and communications technology (ICT)—to better serve members impacted by COVID-19.
Beijing, China, March 25, 2021
AIIB Financing Supports Members’ Pandemic Response with Vaccine Access
The Asian Infrastructure Investment Bank (AIIB) today launched its first vaccine financing under its COVID-19 Crisis Recovery Facility (CRF) to respond to its members’ urgent needs for access to vaccines.
Beijing, April 21, 2021
AIIB Launches Sustainable Development Bond Framework
Today, the Asian Infrastructure Investment Bank (AIIB) launched a new framework to help the investor community better assess how the Bank is living up to its sustainability commitments.
Beijing, China, May 21, 2021
AIIB Strengthens Its Commitment to Environmental and Social Standards
Today, the Asian Infrastructure Investment Bank (AIIB) Board of Directors reaffirmed its commitment to environmental and social standards by approving a revised Environmental and Social Framework (ESF). The ESF guides AIIB and its clients in the management of environmental and social risks and impacts of AIIB-financed projects.
Beijing, June 01, 2021
AIIB Approves First Learning and Evaluation Policy
The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a new policy that will formally embed learning and evaluation for continuous improvement into the Bank’s governance framework.
Beijing, July 08, 2021
AIIB Joins Global Infrastructure Facility to Enhance Multilateral Cooperation
The Asian Infrastructure Investment Bank (AIIB) is expanding into a new partnership by becoming a technical partner of the Global Infrastructure Facility (GIF).
Beijing, July 13, 2021
UAE, AIIB Sign MOU to Host Sixth AIIB Annual Meeting
The United Arab Emirates (UAE) will host the Sixth Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB) with the theme “Investing Today, Transforming Tomorrow” virtually on Oct. 26-28, 2021.
Beijing, March 04, 2022
AIIB Expands COVID-19 Crisis Recovery Facility to USD20 Billion
The Asian Infrastructure Investment Bank (AIIB) Board of Directors has approved an extension of the COVID-19 Crisis Recovery Facility (CRF) till end-2023 to continue supporting the Bank’s Members in overcoming their most pressing pandemic and recovery challenges.
Beijing, May 12, 2022
AIIB, OPEC Fund Advance Partnership for Global Infrastructure Funding
The Asian Infrastructure Investment Bank (AIIB) and the OPEC Fund for International Development (the OPEC Fund) have signed a Memorandum of Understanding (MOU) to expand their operational and strategic cooperation to finance global public and private sector projects, promoting sustainable, resilient and high-standard infrastructure development.
Beijing, July 07, 2022
AIIB Expands Global Presence
The Asian Infrastructure Investment Bank (AIIB) Board of Directors has approved the establishment of an Interim Operational Hub* (the Hub), the Bank’s first overseas office.
Beijing, October 26, 2022
More Regional Cooperation Key to Recovery, Rebooting Global Economy
Increased regional cooperation and connectivity are vital to enhancing business certainty and rebooting the global economy, according to Asian Infrastructure Investment Bank (AIIB) President and Chair of the Board Jin Liqun.
Sharm El Sheikh, November 11, 2022
At COP27, AIIB Supports Building Hydrogen Economy to Support Developing Nations
Net-zero objectives cannot be met by renewable-based electricity such as solar and wind alone.
Beijing, May 11, 2023
AIIB Issues First Climate Adaptation Bond Targeting Resilient Infrastructure
The Asian Infrastructure Investment Bank (AIIB) has successfully priced its first Climate Adaptation Bond, a thematic bond issued under the AIIB Sustainable Development Bond Framework.
Beijing, July 01, 2023
AIIB Announces Paris Alignment of New Investment Operations
The Asian Infrastructure Investment Bank (AIIB) has issued its methodology for assessing the alignment of its investment operations with the Paris Agreement.
Abu Dhabi, UAE, September 20, 2023
AIIB Inaugurates Overseas Office in Abu Dhabi
The Asian Infrastructure Investment Bank (AIIB) has inaugurated its first overseas office on Sep. 19, 2023 with the opening ceremony of the Bank’s Interim Operational Hub in Abu Dhabi, the United Arab Emirates (UAE).
Sharm El Sheikh, September 25, 2023
AIIB Unveils Climate Action Plan, Reinforces Commitment to Tackle Climate Change
The Asian Infrastructure Investment Bank (AIIB) has launched its inaugural Climate Action Plan (CAP), a milestone in the Bank’s ongoing commitment to combatting climate change.
Sharm El Sheikh, September 25, 2023
Annual Meeting Opening Remarks by AIIB President
Your Excellency, President Abdel Fattah El-Sisi of the Arab Republic of Egypt, Your Excellency Dr. Mohamed Maait, Chair of the AIIB Board of Governors and Minister of Finance of Egypt, Distinguished Governors, Honored Guests, Ladies and Gentlemen.
Dubai, UAE, December 03, 2023
COP28: Multilateral Development Banks boost joint action on climate and development
Multilateral Development Banks (MDBs) have published a joint statement where they present concrete and urgent actions to scale up finance and enhance climate outcomes measurement, strengthen country-level collaboration, and increase co-financing and private sector engagement.
Washington D.C., April 22, 2024
AIIB, ESM Strengthen Cooperation to Address Global Challenges
The Asian Infrastructure Investment Bank (AIIB) and the European Stability Mechanism (ESM) have renewed their Memorandum of Understanding (MOU) to build on their successful collaboration and further enhance inter-institutional cooperation.
Beijing, China, March 20, 2024
AIIB Launches InfraTech Portal to Bring Value of Technology to Infrastructure
The Asian Infrastructure Investment Bank (AIIB) has launched the InfraTech Portal, a digital platform that shares comprehensive, neutral and free information on infrastructure technologies (InfraTech) and facilitates connections in the InfraTech community.
Beijing, November 25, 2024
AIIB, AFD Sign Cofinancing Framework Agreement to Jointly Accelerate Sustainable Development
The Asian Infrastructure Investment Bank (AIIB) and the French Development Agency (Agence Française de Développement or AFD) have signed a strategic Co-Financing Framework Agreement at AIIB’s headquarters. It aims to deepen their collaboration in furtherance of common development objectives, promote sustainable development and advance climate-resilient infrastructure projects globally.
Samarkand, September 27, 2024
AIIB Launches Groundbreaking Tool for Concessional Resource Mobilization
The Asian Infrastructure Investment Bank (AIIB) unveiled its latest digital solution, AIIB+, a first-of-its-kind interface designed to better match external concessional and technical resources with AIIB's project pipeline.
Samarkand, September 26, 2024
Annual Meeting Opening Remarks by AIIB President
Your Excellency Shavkat Mirziyoyev, President of the Republic of Uzbekistan, Distinguished Governors of the Asian Infrastructure Investment Bank, Honored Guests, Ladies and Gentlemen

Former President

Jin Liqun, President and Chair of Board of Directors, AIIB (Jan. 16, 2016 – Jan. 15, 2025)

Jin Liqun was the inaugural President and Chair of the Board of Directors. He assumed office on Jan. 16, 2016, and was re-elected to serve a second term of five years beginning Jan. 16, 2021. He served as AIIB’s President until Jan. 15, 2026.

President Jin guided AIIB through its formative years to establish the Bank as a trusted multilateral development institution. During his tenure, AIIB helped finance 360 projects across 40 Members, investing nearly USD70 billion in infrastructure and other productive sectors.

His tenure also saw the adoption of AIIB’s Corporate Strategy – a blueprint guiding the Bank’s operations until 2030 – as well as sector strategies for transport, water, digital infrastructure, and health. Under his leadership, AIIB adopted new operational modalities, began offering new financing options, and introduced policies to better support Members and their development priorities.

Guided by his mantra of “lean, clean, and green,” President Jin led AIIB through structural challenges, including the COVID-19 pandemic, maintaining the Bank’s commitment to stay agile and responsive to client needs and meet the demand for sustainable infrastructure. His leadership guided the Bank’s high governance standards, resulting in AAA ratings from credit rating agencies. Reinforced by strong partnerships with peer MDBs and a strategic emphasis on sustainability, climate finance, and regional connectivity, President Jin’s tenure lay a strong foundation for AIIB to finance Infrastructure for Tomorrow.



Historical Documents

ARTICLES OF AGREEMENT BY-LAWS OF THE AIIB HEADQUARTERS AGREEMENT
Home Who We Are About AIIB Our History
ABOUT AIIB

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank whose mission is Financing Infrastructure for Tomorrow in Asia and beyond—infrastructure with sustainability at its core. We began operations in Beijing in 2016 and have since grown to 111 approved members worldwide. We are capitalized at USD100 billion and AAA-rated by the major international credit rating agencies. Collaborating with partners, AIIB meets clients’ needs by unlocking new capital and investing in infrastructure that is green, technology-enabled and promotes regional connectivity.

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