Today, AIIB publishes our 10th annual financial results. The Bank delivered an operating profit of USD923 million in 2025, following a record USD1.15 billion in 2024, marking another year of robust performance. Total income reached USD2.5 billion, with loan investments continuing to provide a stable income stream of USD1.5 billion, supported by an 11% annual expansion of the loan portfolio. Liquidity positions and capital adequacy ratios remained well above internal thresholds, ensuring AIIB’s resilience and alignment with its AAA credit profile.
It has been my privilege to witness the steady strengthening of the Bank’s financial position from the beginning. From our founding in 2016 with USD18 billion in total assets, AIIB grew to USD65 billion by 2025. Investment operations now represent 51% of total assets, while retained earnings reached USD4.17 billion at the end of 2025.
The past decade has been filled with achievements, lessons learned and defining moments. I would categorize our evolution into three phases.
- Establish a strong financial foundation (2016-20): This phase focused on building a sound financial foundation, implementing strong controls and ensuring prudent resource allocation. Key memories from this period – our first AAA ratings, inaugural bond issuance, the excitement of system go-lives – remain vivid and continue to shape our institutional identity.
- Navigating global challenges (2020-22): Amid the COVID‑19 pandemic and a prolonged low‑interest-rate environment, AIIB maintained financial resilience while responding swiftly to global needs through our COVID‑19 Recovery Facility. Our financial strategies enabled us to withstand global uncertainties and continue delivering on our mission to support infrastructure development across Asia and beyond.
- Accelerating growth (2023-today): In the past three years, operating profit averaged over USD1 billion annually. Total approved financing surpassed USD70 billion, with cumulative disbursements exceeding USD38 billion. Continued member support further strengthened the Bank, with total equity reaching USD23.6 billion.
As we commemorate 10 years of solid financial results, our progress reflects the choices we have made: careful stewardship and decision‑making and an institution built on clear governance and purpose. This progress is the result of sustained effort by our staff and a shared commitment to financing infrastructure for tomorrow.
We look forward to carrying this momentum forward, continuing to safeguard financial integrity, driving innovation and expanding impact. The next phase will demand the same rigor, creativity and collective responsibility that have defined our first decade.
