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 ...

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 ...

On 7 July the five BRICS countries of Brazil, Russia, India, China, and South Africa formally launched the New Development Bank (NDB) ... The NDB opened its doors at its head office in Shanghai, ...

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 ...

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 Brics development bank formally launched in Shanghai on Tuesday, with representatives from Brazil, Russia, India, China and South Africa envisioning a nimbler, more responsive alternative ...

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.

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) ...

BUENOS AIRES, February 25. /TASS/. BRICS New Development Bank President Dilma Rousseff has been hospitalized in Shanghai due to an ailment, Brazilian lawmaker Jose Guimaraes said.

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 ...