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, July 06, 2020
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Beijing, China, July 03, 2020
USD500-M COVID-19 Loans from AIIB to Increase Access to Liquidity in Turkey
The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved loans totaling USD500 million to two development banks in Turkey, backed by a government guarantee, to alleviate liquidity constraints faced by Turkish companies in infrastructure and other productive sectors as a result of the COVID-19 pandemic.READ MORE
Beijing, China, July 01, 2020
AIIB Approves First Loan to Maldives in Support of COVID-19 Response
The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a loan of USD7.3 million to the Maldives to strengthen the country’s health response to the COVID-19 pandemic.READ MORE