Today, the Asian Infrastructure Investment Bank (AIIB) announced that its Board of Governors has adopted resolutions approving two applicants to join the Bank, bringing its total approved membership to 102. This round of approved applicants comprises two nonregional prospective members: Croatia and Senegal.
“Our growing membership enables AIIB to become the Bank that connects Asia to the world," said AIIB Vice President and Corporate Secretary Sir Danny Alexander. “We look forward to forging stronger bonds with our new members in Europe and Africa to work together to achieve long-term development that is clean, green, and sustainable.”
The two prospective members will officially join AIIB once they complete the required domestic processes and deposit the first installment of capital with the Bank. The shares allocated to the new prospective members come from the Bank’s existing pool of unallocated shares.
At its launch in January 2016, there were 57 signatories to AIIB’s Articles of Agreement. The Bank expects to welcome more prospective members in the coming year.
About AIIB
The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank with a mission to improve social and economic outcomes in Asia. Headquartered in Beijing, we began operations in January 2016 and have now grown to 102 approved members worldwide. By investing in sustainable infrastructure and other productive sectors in Asia and beyond, we will better connect people, services and markets that over time will impact the lives of billions and build a better future.
Beijing, January 15, 2025
AIIB Strengthens Commitment to Climate-Resilient Infrastructure with AUD500 Million Bond Issuance
The Asian Infrastructure Investment Bank has successfully priced its second Climate Adaptation Bond, raising AUD500 million under the AIIB Sustainable Development Bond Framework.
READ MOREBeijing, January 10, 2025
AIIB Advances 2025 Funding Program with Strong Return to USD Market
The Asian Infrastructure Investment Bank (AIIB, AAA/Aaa/AAA) has made a strong return to the U.S. dollar market, building an order book in excess of USD9.5 billion with a 5-year USD Sustainable Development Bond.
READ MOREBeijing, January 06, 2025
AIIB Supports Clean, Renewable Energy Development in Tajikistan and Central Asia
The Asian Infrastructure Investment Bank (AIIB) on Dec. 19, 2024 approved a multiphase program with a total financing envelope of USD500 million, and Phase 1 Loan of USD270 million, to support Tajikistan in completing the Rogun Hydropower Plant Project (Rogun HPP).
READ MOREBeijing, December 16, 2024
China Contributes USD300M to AIIB Special Fund Window for Less Developed Members
The Asian Infrastructure Investment Bank (AIIB) has signed a Grant Agreement with the People’s Republic of China (China), confirming a USD300-million contribution to the Bank’s Special Fund Window (the Fund) for less developed members. The agreement was signed by AIIB Governor and Minister of Finance of China, Lan Foan, and AIIB President and Chair of the Board of Directors, Jin Liqun, during Lan’s visit to AIIB.
READ MORE