Shanghai-based New Development Bank seeks to finance more infrastructure projects in local currency to avoid forex fluctuations. South China Morning Post . Tue, May 30, 2023, 5:30 AM 3 min read.

The New Development Bank moves into a newly constructed office building in Shanghai on Sept 28, 2021. [Photo by Xing Yi/China Daily] The New Development Bank on Tuesday moved into a newly ...

He made the statement after holding a meeting with senior officials of the NDB - formerly known as the BRICS Development Bank ...

SHANGHAI, May 30 (Reuters) - The New Development Bank issued 8.5 billion yuan ($1.23 billion) worth of panda bonds in China's interbank bond market on Monday to mobilise resources for financing ...

The five leaders of the Brics countries agreed to base the development bank they are creating in Shanghai. The New Development Bank will finance infrastructure projects in the developing world.

Shanghai, July 21: The New Development Bank (NDB) of BRICS launched business in Shanghai on Tuesday.(READ: K V Kamath: No shareholding restrictions on BRICS Bank loans ) The BRICS countries ...

The New Development Bank, an international financial body serving the emerging BRICS economies, opened in Shanghai on Tuesday. In this photo, Brazil's President Dilma Rousseff, Indian Prime ...

By Frank Jack Daniel NEW DELHI (Reuters) - Shanghai looks set to become the headquarters of a development bank being launched by the BRICS emerging market nations, despite fears by some members of ...

Aerial photo taken on June 17, 2022 shows the headquarters building of the New Development Bank (NDB), also known as the BRICS bank, in east China's Shanghai.(Photo: Xinhua) ...

SHANGHAI, March 4 (Reuters) - The New Development Bank (NDB) established by the BRICS group of emerging nations said it has put new transactions in Russia on hold.

SHANGHAI, May 30 (Reuters) - The New Development Bank issued 8.5 billion yuan ($1.23 billion) worth of panda bonds in China's interbank bond market on Monday, to mobilise resources for financing ...