Beijing, China, December 31, 2019
AIIB Welcomes Two New Prospective Members
Expands membership to 102
Today, the Asian Infrastructure Investment Bank (AIIB) announced that its Board of Governors has adopted resolutions approving two applicants to join the Bank, bringing its total approved membership to 102. This round of approved applicants comprises two nonregional prospective members: Croatia and Senegal.
“Our growing membership enables AIIB to become the Bank that connects Asia to the world," said AIIB Vice President and Corporate Secretary Sir Danny Alexander. “We look forward to forging stronger bonds with our new members in Europe and Africa to work together to achieve long-term development that is clean, green, and sustainable.”
The two 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 in the coming year.
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 102 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.
Beijing, China, August 14, 2020
AIIB Approves USD50-Million Loan to Fiji for COVID-19 Response
To help the Republic of Fiji cope with the impact of the COVID-19 pandemic, the Asian Infrastructure Investment Bank (AIIB) has approved a USD50-million loan to support the government’s efforts to provide assistance to the formal sector, including small and medium enterprises and their employees, and members of the informal sector, including women microenterpreneurs, such as hawkersREAD MORE
Beijing, China, July 28, 2020
AIIB to Hold its First Annual Meeting in the Middle East in the UAE
The Board of Governors of the Asian Infrastructure Investment Bank (AIIB) announced that its sixth Annual Meeting will be held in Dubai, United Arab Emirates (UAE) on Oct. 27-28, 2021.READ MORE