Beijing, China, March 23, 2017
AIIB Welcomes New Prospective Members
Bank approves 13 new applicants; Expands membership to 70
Today, the Asian Infrastructure Investment Bank (AIIB) announced that its Board of Governors has adopted resolutions approving 13 applicants to join the Bank, bringing the Bank’s total approved membership to 70. This is the first time AIIB has welcomed new prospective members to the Bank since its inception. The approved applicants include five regional and eight non-regional prospective members.
The approved applicants are as follows:
|Regional Prospective Members||Non-Regional Prospective Members|
|Hong Kong, China||Hungary|
|Repubic of Sudan|
“The interest in joining AIIB from around the world affirms the rapid progress we have made to establish the Bank as an international institution," said Jin Liqun, President, AIIB. “I am very proud that AIIB now has members from almost every continent, and we anticipate further applications being considered by our Board of Governors later this year.”
The 13 prospective members will officially join AIIB once they complete the required domestic processes and deposit the first installment of capital with the Bank. The shares allocated to the new prospective members come from the Bank’s existing pool of unallocated shares.
At its launch in January 2016, there were 57 signatories to AIIB’s Articles of Agreement. The Bank expects to welcome more prospective members throughout the year.
AIIB is a new multilateral financial institution founded to bring countries together to address the daunting infrastructure needs across Asia. Headquartered in Beijing, AIIB’s mission is to improve economic and social development in Asia by investing in high quality, financially viable and environmentally friendly infrastructure projects.
Beijing, China, October 31, 2018
AIIB, EDB Strengthen Cooperation to Increase Development Across Eurasia
The Asian Infrastructure Investment Bank (AIIB) and the Eurasian Development Bank (EDB) have agreed to enhance collaboration in common areas of interest and support the development of projects in countries eligible to receive financial assistance from the two banks.READ MORE
Beijing, China, October 11, 2018
AIIB Modernizes its Policy to Increase Transparency
The Asian Infrastructure Investment Bank’s (AIIB) Policy on Public Information (PPI) has been approved by its Board of Directors, enhancing the transparency and accountability of AIIB.READ MORE
Beijing, China, October 10, 2018
Three New Members Join the Asian Infrastructure Investment Bank’s International Advisory Panel
At its fifth meeting, the Asian Infrastructure Investment Bank’s International Advisory Panel (IAP) (IAP) announced three new members. AIIB established the IAP to advise the President and senior management on development of the bank’s strategies, policies and operational approach.READ MORE