New Development Bank
Last updated on 05 Mar 2024
Key facts
The NDB was formed to support infrastructure and sustainable development in BRICS and other underserved, emerging economies for faster development through innovation and cutting-edge technology. It complements the efforts of other multilateral and regional financial institutions.
1600, Guozhan Road
Pudong Area
Shanghai 200126
People's Republic of China
+86 21 8021 6144.
www.ndb.int
Pudong Area
Shanghai 200126
People's Republic of China
+86 21 8021 6144.
www.ndb.int
PUBLIC
2014
Credit rating (Fitch)
AA
Foreign currency
Authorizations and exposure
FY 2022 authorizations
Transport infrastructure
57%
Multiple areas
26%
Water and sanitation
17%
FY 2022 authorizations
Products
- Sovereign guaranteed loan
- Non-sovereign guaranteed loan
Policies
- Most of NDB’s projects will be either sovereign operations or under sovereign guarantee
- Non-sovereign operations, particularly with the private sector, will be expanded as the operational capability of the bank evolves
- NDB is designing criteria and a strategy to expand membership to new countries beyond the BRICS
- Focus areas:
- Clean energy and energy efficiency
- Transport infrastructure
- Water and sanitation
- Digital infrastructure
- Environmental protection
- Social infrastructure
News
- 2024: NDB Issues Largest-Ever 5-Year Panda Bond, Reinforcing Commitment to Financing Infrastructure and Sustainable Development Projects
- 2024: NDB signs debut USD 2 billion syndicated loan
