Tag Archives: investment bank

AIIB Members Discuss Shareholding & Other Specifics

The $100 billion Asian Infrastructure Investment Bank’s 5th Chief Negotiators’ meeting has ended in Singapore on Friday.

Delegates and representatives from 57 countries which had joined the China-led Bank as founding members have discussed stake-holding, draft of articles and shares in the newly found lender.

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EU Joins BRICS in Defiance to U.S.; South Korea, Luxemburg, Switzerland Coming

The new China-led Asian investment bank, a potential rival to institutions such as the Asian Development Bank and the World Bank, has enlisted more US allies as members after Britain decided to join last week.

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