China, January 16, 2016
AIIB's Charter Enters into Force On 25 December 2015
The Articles of Agreement of the Asian Infrastructure Investment Bank, dated June 29, 2015, entered into force on December 25, 2015.
The treaty depository, China’s Ministry of Foreign Affairs, confirmed that instruments of ratification have been deposited by 17 Signatories of the Articles of Agreement with initial capital subscriptions totaling 50.1% of the shares allocated. Entry into force under Article 59 of the Articles of Agreement required deposit of such instruments by at least 10 Signatories with at least 50% of the shares allocated.
The inaugural meeting of the Board of Governors of the Asian Infrastructure Investment Bank will be held on January 16 and 17, 2016. At that meeting, the Board of Governors will announce the commencement of operations, in accordance with Article 60 of the Articles of Agreement.
The Board of Governors will also formally elect the Board of Directors and the President. The Board of Directors will hold its first meeting in the days after the Board of Governors meeting.
Fifty-six prospective members have signed the Articles of Agreement since it was opened for signature on June 29, 2015. Remaining Signatories that have not yet deposited their instruments of ratification are expected to do so by December 31, 2016, and become members thereafter.
Multilateral Interim Secretariat
For Establishing the Asian Infrastructure Investment Bank
December 25, 2015
Beijing, October 27, 2021
AIIB’s Membership in Africa Grows as Nigeria Joins the Bank
The Asian Infrastructure Investment Bank (AIIB) now has 11 members and nine prospective members from Africa after its Board of Governors approved the application of Nigeria to join the Bank.READ MORE
Beijing, October 26, 2021
AIIB to Fully Align with Paris Agreement Goals by Mid-2023
The Asian Infrastructure Investment Bank (AIIB) announced today that it will align its operations with the goals of the Paris Agreement by July 1, 2023.READ MORE