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Afghanistan receives certificate of permanent membership to AIIB

Afghanistan received the certificate of permanent membership to the Asian Infrastructure Investment Bank (AIIB), according to a statement from the Afghan Ministry of Finance. The membership will provide financial and technical facilities for implementation of major national projects including solar

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Asian Infrastructure Investment Bank, SAARC Development Fund to co-fund projects in SAARC Region

A delegation of AIIB led by Sir Danny Alexander, Vice President & Corporate Secretary visited the SAARC Development Fund Secretariat in Thimphu, Bhutan in order to discuss possible areas of joint collaboration. Dr. Sunil Motiwal , Chief Executive Officer, SAARC

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World Bank faces rivalry from newly launched AAIB

China has once again shown its economic strength and solidifies its global status by launching the Asian Infrastructure Investment Bank (AAIB), which is viewed as a rival to the World Bank. The AAIB aims to rebalance the global development finance

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