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.

AIIB and EDB will cooperate in financing infrastructure projects (focusing on the transport, sustainable development, urban and energy sectors), consulting services, analysis and research. The agreement also strengthens knowledge-sharing between AIIB and EDB, including temporary assignments and staff exchanges.

"We are joining hands with EDB to address the significant infrastructure financing needs in the Eurasian region," said AIIB Vice President Joachim von Amsberg. "AIIB believes strongly in the power of partnership with other multilateral development banks because it promotes the exchange of knowledge, experience and resources with its peers."

"This agreement is an important step toward mutual efforts in delivering sustainable infrastructure in common countries of operations," said EDB Deputy Chairman of the Managing Board, State Secretary Andrey Krainiy. "We strongly welcome cooperation between our banks in addressing infrastructure needs of the region."

The agreement sets the stage for joint project financing. It will help further boost economic growth and prosperity in the region, enhance its internal and external connectivity in terms of trade, investment and business links.

About AIIB

The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank with a mission to improve social and economic outcomes in Asia. Headquartered in Beijing, we began operations in January 2016 and have now grown to 87 approved members worldwide. By investing in sustainable infrastructure and other productive sectors in Asia and beyond, we will better connect people, services and markets that over time will impact the lives of billions and build a better future.

About EDB

Eurasian Development Bank (EDB) is an international financial institution founded by Russia and Kazakhstan in January 2006 to promote development of market economies of its member states, and secure their sustainable economic growth and expansion of their mutual trade and economic ties. The charter capital of the EDB is $ 7 billion. The member states of the Bank are the Republic of Armenia, the Republic of Belarus, the Republic of Kazakhstan, the Kyrgyzstan, the Russian Federation, and the Republic of Tajikistan.

 

Logos for Download

AIIB logo is available in JPEG and PDF format.

DOWNLOAD

Media Contact

Lingxiao He

Press Officer

+86 10 8358 0683

SEND AN EMAIL
More News Articles

Beijing, July 04, 2025

AIIB Partners with Brazil’s First Co-operative Bank to Boost Renewable Energy Financing

The Board of Directors of the Asian Infrastructure Investment Bank (AIIB) has approved a USD100 million loan to Banco Cooperativo Sicredi S.A. (Banco Sicredi), Brazil’s first cooperative bank, to support the expansion of small-scale solar energy solutions for households and small and medium-sized enterprises (SMEs) across the country.

READ MORE

Beijing, July 04, 2025

Annual Meeting Opening Remarks by AIIB President

Your Excellency Li Qiang, Premier of the People’s Republic of China, Distinguished Governors, Honored Guests, Ladies and Gentlemen, Friends

READ MORE

Beijing, July 04, 2025

AIIB Subscribes to USD150 Million in Aditya Birla Capital to Advance Sustainable Infrastructure Financing in India

The Asian Infrastructure Investment Bank (AIIB) has subscribed to INR13,012.5 million (about USD150 million) of non-convertible debentures issued by Aditya Birla Capital Limited, one of India’s leading diversified financial services companies. The three-year, privately placed investment aims to accelerate financing for India’s renewable energy and e-mobility sectors, supporting the country’s transition toward a sustainable infrastructure ecosystem.

READ MORE

Seville, July 02, 2025

AIIB, EBRD renew agreement strengthening collaboration on sustainable infrastructure development

AIIB President Jin Liqun and EBRD President Odile Renaud-Basso signed a memorandum of understanding on the sidelines of the Fourth International Conference on Financing for Development (FFD4) in Seville to strengthen their collaboration on sustainable infrastructure development.

READ MORE