New Development Bank
| Use attributes for filter ! | |
| Headquarters location | Shanghai, China |
|---|---|
| Presidents | K. V. Kamath |
| Founders | BRICS |
| Founded | Fortaleza |
| State Of Ceará | |
| Brazil | |
| Formation | July 2014 |
| July 2015 | |
| First president | K. V. Kamath |
| Date of Reg. | |
| Date of Upd. | |
| ID | 2340118 |
About New Development Bank
The New Development Bank, formerly referred to as the BRICS Development Bank, is a multilateral development bank established by the BRICS states. According to the Agreement on the NDB, "the Bank shall support public or private projects through loans, guarantees, equity participation and other financial instruments. "
