Tag Archives: AIIB

India tops AIIB disbursements

Reported by | Updated: August 16, 2018

Asian Infrastructure Investment Bank (AIIB) is providing investment in India by lending to projects in rural infrastructure, energy, environmental protection, transportation, telecom, water supply, sanitation, urban development and logistics. Banking Frontiers, reporting the 3rd AGM of AIIB, said prior to this, in just 2 years of operation, it has already committed over $1 billion of […]

AIIB wants infrastructure investment to triple to $2 trillion a year

Reported by | Updated: August 14, 2018

Asian Infrastructure Investment Bank (AIIB) held its 3rd AGM in Mumbai and Banking Frontiers reported the proceedings. AIIB president Jin Liquin said much more needs to be done to ensure that the future continues to bright for all of Asia. He said solid global growth is crucial for the bank’s members to meet their objectives […]

AIIB commits $100 million for India’s NIIF

Reported by | Updated: August 13, 2018

The board of directors of the Asian Infrastructure Investment Bank (AIIB) has approved an equity investment of $100 million in India’s National Investment and Infrastructure Fund’s (NIIF) ‘Fund of Funds’, as part of first phase, reports Banking Frontiers. The decision was taken at the bank’s 3rd AGM held in Mumbai recently. AIIB is also considering […]

AIIB moots cross border infrastructure to boost trade

Reported by | Updated: August 10, 2018

Asian Infrastructure Investment Bank (AIIB) is of the view that Asia accounts for 50% of the global population but only constitutes 30% of the world GDP. It felt that making countries, many of which are land-locked, more connected through rail and road network using the resources of AIIB, to boost trade and economic growth, can […]