New Development Bank (NDB)
Overview
The New Development Bank (NDB) is a multilateral development bank (MDB) established by Brazil, Russia, India, China and South Africa (BRICS) with the objective of financing infrastructure and sustainable development projects in BRICS and other emerging economies and developing countries. Working hand in hand with member countries and stakeholders, by leveraging capital for development purposes to accelerate economic growth, as well as to achieve environmental and social sustainability to improve the lives of people in the member countries.
Besides being economically viable, environmentally sound and socially responsible, NDB-financed projects aim at improved operational performance, efficient procurement and adherence with good corporate governance practices.
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Current and Previous Partners Worked With New Development Bank (NDB)
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