BlogNewsBRICS New Development Bank Approves First Non-Sovereign Loan In China

BRICS New Development Bank Approves First Non-Sovereign Loan In China

brics-new-development-bank-approves-first-non-sovereign-loan-in-china

The BRICS New Development Bank (NDB) has approved a loan of 50 million U.S. dollars equivalent in RMB to the Bank of Huzhou for the Sustainable Infrastructure Project, marking its first non-sovereign loan in China, the bank announced Continue…

BRICS is an informal group of states comprising the Federative Republic of Brazil, the Russian Federation, the Republic of India, the People’s Republic of China and the Republic of South Africa. The growing economic might of BRICS countries, their significance as one of the main driving forces of global economic development, their substantial population and abundant natural resources form the foundation of their influence on the international scene.

Read More


Leave a Reply

Your email address will not be published. Required fields are marked *

Skip to content