The Board of Directors of the Asian Infrastructure Investment Bank (AIIB) recently approved three loans totaling US$285 million, bringing the bank’s total lending to over US$2 billion, in support of its members as they seek to improve the socio-economic living conditions of their citizens. The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a loan of up to USD200 million to the Industrial Development Bank of Turkey (TSKB), backed by a guarantee from the Government of Turkey. S&P Global Ratings ("S&P") announced it has assigned the Asian Infrastructure Investment Bank (AIIB) its highest possible rating and a stable outlook. 02:00 In January 2016, amid many doubts and concerns over its transparency and viability, … The 7th Chief Negotiators' Meeting on the Establishment of the Asian Infrastructure Investment Bank (AIIB) was held on September 28-29, 2015 in Frankfurt, Germany. Beijing, June 25, 2016 – The Board of Governors of the Asian Infrastructure Investment Bank (the Bank) convened in Beijing on June 25, 2016 for the Bank’s first Annual Meeting. According to its press release, S&P has provided its 'AAA/A-1+' long- and short-term issuer credit ratings to AIIB. The Asian Infrastructure Investment Bank (AIIB) has approved a USD750-million loan to India to assist the government to strengthen its response to the adverse impacts of the COVID-19 pandemic on millions of poor and vulnerable households. Furthermore, he expressed his hope that more countries will join the multilateral development institution. The election result was announced by the Chair of AIIB’s Board of Governors during the Bank’s fifth Annual Meeting on Tuesday, July 28. The Board of Directors of the Asian Infrastructure Investment Bank (AIIB) yesterday expressed its support for the Bank’s Sustainable Energy for Asia Strategy to help its members transition toward a low-carbon future. AIIB is considering a further investment of USD 100 million as part of Phase II for the final closing, which would bring the bank’s total commitment to USD 200 million. The Asian Infrastructure Investment Bank (AIIB) has closed the nomination process for the election of its next President. “We never label projects with ‘B&R’ or non-‘B&R,’ and we will never do that.”. The Asian Infrastructure Investment Bank (AIIB) is contributing USD1 million to help China control the spread of COVID-19. Today, the Asian Infrastructure Investment Bank (AIIB) announced that its Board of Governors has adopted resolutions approving three applicants to join the Bank, bringing the Bank’s total approved membership to 80. On its third anniversary, the Bank reflects on its highlights since it became operational on Jan. 16, 2016. For the road infrastructure connectivity of Pakistan, Finance Ministry has invited Secretaries of different Ministries and has allocated 15 minutes to each Secretary to present gaps in infrastructure projects. The Issues Note on “AIIB Energy Strategy: Sustainable Energy for Asia” has been posted on AIIB’s website for a 29-day public comment period. The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a loan of USD165.5 million to Uzbekistan to improve the road efficiency, safety and climate resilience of major cross-border roads in the Bukhara region. The Asian Infrastructure Investment Bank’s (AIIB) latest project will increase the supply of renewable energy in India by mobilizing private capital. Mr Jin Liqun, President-designate of the Asian Infrastructure Investment Bank, met with President Park Geun-hye of the Republic of Korea on September 9, 2015. The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a US$335 million loan for a 100-percent electric metro project that will reduce traffic and pollution and increase employment and mobility in India. 02:00 In January 2016, amid many doubts and concerns over its transparency and viability, the Asian Infrastructure Investment Bank started operation. The investment in the Bangalore Metro Rail Project—Reach 6 (R6) is AIIB’s first metro project and its first joint financing partnership with the European Investment Bank (EIB). Asian Infrastructure Investment Bank (AIIB) President Jin Liqun today announced that Erik Berglof has been appointed the Bank’s first Chief Economist, effective Sep. 1, 2020. 02:51 Global leaders, investors and innovators with power are gathering at the Future Investment Initiative (FII) Summit in Saudi Arabia to discuss the future of global investment. The Asian Infrastructure Investment Bank (AIIB) announced today that Professor Ngaire Woods of the Blavatnik School of Government at the University of Oxford has been appointed by President Jin Liqun as a member of the Bank’s International Advisory Panel (IAP). (Xinhua/Fang Zhe). The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank that focuses on the development of infrastructure and interconnectivity in Asia. London, UK - The Asian Infrastructure Investment Bank (AIIB) today priced its first global bond. About AIIB. Beijing, October 19, 2016 – The first meeting of the Asian Infrastructure Investment Bank’s International Advisory Panel was held on October 19, 2016, in Beijing. Today, Sir Danny Alexander, Vice President and Corporate Secretary of the Asian Infrastructure Investment Bank (AIIB) and Mr. Paulo Nogueira Batista Jr., Vice President and Chief Risk Officer of the New Development Bank (NDB) signed a Memorandum of Understanding (MoU) on the sidelines of the NDB Second Annual Meeting in New Delhi, India. This round of approved applicants includes two regional and two nonregional prospective members. The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank with a mission to improve social and economic outcomes in Asia. The Asian Infrastructure Investment Bank (AIIB) and Clifford Capital Pte. 2019 AIIB lending; Approval date Country Purpose Amount M$ Co-lenders 26 March 2019: Bangladesh: Power System Upgrade and Expansion Project: 120.0: Government of Bangladesh and Power Grid Corporation of Bangladesh 26 March 2019: Laos: National Road 13 Improvement and Maintenance Project: 40.0: Government of Laos, NDF and IDA 4 April 2019: Sri Lanka The Board of Directors of the Asian Infrastructure Investment Bank (AIIB) has approved a USD600-million loan to increase the reliability and security of Turkey’s gas supply. Asian Infrastructure Investment Bank President Jin Liqun and World Bank Group President Jim Yong Kim today signed the first co-financing framework agreement between the two institutions. Jin Liqun has been elected to a second term as President of the Asian Infrastructure Investment Bank (AIIB) by the Bank’s Board of Governors. The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a USD385-million loan to provide access to safely managed water and sanitation services and strengthen the operational performance of water utility in Uzbekistan’s Bukhara Region. Can Pompeo’s anti-China rhetoric gain attention in Asia-Pacific? Catalyzing private capital is broadly acknowledged as a critical component to addressing the infrastructure gap in Asia. The bank has approved 71 projects, with a total commitment of 14.27 billion U.S. dollars, covering energy, transportation, finance, water and urban sectors. During the opening ceremony, Jin noted the key role that Luxembourg played in the preparation and progress of the AIIB as the founding member and the first European country to join the organisation. 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. AIIB established the IAP to advise the President and senior management on development of the bank’s strategies, policies and operational approach. Representatives from 57 Prospective Founding Members (PFMs) of the Asian Infrastructure Investment Bank (AIIB) gathered on June 29, 2015 in Beijing at a Signing Ceremony of the Bank's Articles of Agreement at the Great Hall of the People. These approvals include the Bank’s first equity investment of US$150 million, which will help to attract much needed private investment capital for infrastructure projects in India. “AIIB members collectively account for 78 percent of the world’s population and 63 percent of global GDP. The Meeting was co-chaired by Chinese Vice Minister of Finance Shi Yaobin and Georgian Deputy Minister of Finance David Lezhava.
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