NDB

E229004

NDB is a multilateral development bank established by the BRICS countries to finance infrastructure and sustainable development projects in emerging economies.

All labels observed (1)

Label Occurrences
NDB canonical 3

How this entity was disambiguated

Statements (50)

Predicate Object
instanceOf multilateral development bank
alsoKnownAs BRICS Development Bank
beganOperations 2015
capitalStructure equal shareholding by founding BRICS members
cooperatesWith African Development Bank
Asian Development Bank
World Bank
currencyOfLoans member country local currencies
establishedByTreaty Agreement on the New Development Bank
firstPresident K. V. Kamath
foundedBy BRICS countries
linked to: BRICS
foundingDate 2014
foundingMember Brazil
China
India
Russia
South Africa
governanceBody Board of Directors
Board of Governors
hasAbbreviation NDB
hasOfficialLanguage English
hasPresident Dilma Rousseff
headquartersCountry China
headquartersLocation Shanghai
initialAuthorizedCapital 100 billion US dollars
initialSubscribedCapital 50 billion US dollars
issues green bonds
legalForm international financial institution
lendingInstrument equity investments
guarantees
non-sovereign loans
sovereign loans
membershipCondition shareholding of BRICS cannot fall below 55 percent
membershipOpenTo United Nations member states
primaryFocus developing countries
emerging economies
purpose finance infrastructure projects
finance sustainable development projects
regionServed global South
sectorFocus energy
environmental protection
social infrastructure
transportation
urban development
water and sanitation
shortName NDB
treatySignedAt Fortaleza
treatySignedCountry Brazil
treatySignedDate 2014-07-15
website https://www.ndb.int/

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Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

New Development Bank shortName NDB
subject linked to: NDB
New Development Bank hasAbbreviation NDB
subject linked to: NDB