Beijing, September 23, 2016
Groundbreaking Ceremony for the Permanent Headquarters
Officials of the Asian Infrastructure Investment Bank (the Bank), Chinese Ministry of Finance and Beijing Municipal Government today held the groundbreaking ceremony for the Bank’s permanent headquarters in Beijing. The headquarters will be located in the north of Beijing, between the Olympic Forest Park and the iconic Bird’s Nest Stadium. Construction is expected to be completed by the end of 2019.
Speaking at the ceremony, President Jin expressed his deep gratitude to the Beijing Municipal Government for providing the Bank with the site, and said "This Bank sets out to be lean, clean and green, and there is no better site in Beijing to highlight our green commitment than to be alongside the beautiful Olympic Forest Park. The AIIB headquarters will serve as a new landmark for the city, providing a solid foundation for the centurial development of the Bank."
Beijing, July 18, 2017
AIIB Receives Third Triple-A Credit Rating
S&P Global Ratings ("S&P") announced it has assigned the Asian Infrastructure Investment Bank (AIIB) its highest possible rating and a stable outlook. According to its press release, S&P has provided its 'AAA/A-1+' long- and short-term issuer credit ratings to AIIB.READ MORE
Beijing, July 13, 2017
AIIB Receives Second Triple-A Credit Rating
Fitch Ratings ("Fitch") announced it has assigned the Asian Infrastructure Investment Bank (AIIB) its highest possible rating and a stable outlook. According to its press release, Fitch has provided AIIB with a long-term issuer default rating of ‘AAA’ and a short-term issuer default rating of ‘F1+’.READ MORE
Beijing, July 05, 2017
Millions of Villagers in Gujarat, India to Benefit from New Investment
Yesterday, the Board of Directors of the Asian Infrastructure Investment Bank (AIIB) approved a loan of US$329 million to build access roads to approximately 4,000 villages in all 33 districts of Gujarat, India. Insufficient road connectivity into these villages limits their ability to access healthcare services, bring their goods to market and access transportation for their children to attend school. This project will construct and upgrade district and farm-to-market roads for the villagers and provide approaches to educational institutions, schools and hospitals. The upgraded road access is expected to have a positive impact on women and girls by improving school attendance rates for girls who currently drop out of school due to a lack of access to all weather roads.READ MORE