Mumbai, India, June 26, 2018
AIIB Approves Lebanon Membership
The Asian Infrastructure Investment Bank’s (AIIB) Board of Governors has approved a new membership application from the Republic of Lebanon, bringing AIIB’s total approved membership to 87.
"We’re pleased to welcome Lebanon as a prospective member," said AIIB Vice President and Corporate Secretary Sir Danny Alexander. "It is an important and historic commercial hub in the Middle East and we look forward to Lebanon playing an active role within AIIB."
Lebanon will officially join AIIB as a regional member once it completes the required domestic processes and deposits the first capital installment with the bank. The shares allocated to the new prospective member come from AIIB’s existing pool of unallocated shares.
At its launch in January 2016, there were 57 signatories to AIIB’s Articles of Agreement. In 2017, AIIB announced the approval of another 27 prospective members. In May 2018, AIIB announced the approval of another two prospective members. AIIB expects to continue welcoming new members in the future.
The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank with a mission to improve social and economic outcomes in Asia and beyond. Headquartered in Beijing, we commenced operations in January 2016 and have now grown to 87 approved members from around the world. By investing in sustainable infrastructure and other productive sectors today, we will better connect people, services and markets that over time will impact the lives of billions and build a better future.
For an updated list of AIIB members, please visit: www.aiib.org/en/about-aiib/governance/members-of-bank/index.html
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