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, May 29, 2020
AIIB Approves USD750-M Loan to the Philippines for COVID-19 Response
As part of a coordinated international effort, the Asian Infrastructure Investment Bank (AIIB) has approved a USD750-million loan to the Philippines to stave off the worst public health and economic effects of the COVID-19 pandemic.READ MORE
Beijing, China, May 22, 2020
AIIB Approves EUR91.34 Million COVID-19 Emergency Assistance to Georgia
The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a loan of EUR91.34 million (approximately USD100 million equivalent) in support of an emergency project to help the Government of Georgia mitigate and address the health and social impacts of the COVID-19 pandemic.READ MORE