New Development Bank should be innovative in developing financing approaches and loan tools to meet the diversified demands of its member nations and help them with sustainable development, he said.

Twenty percent of the projects will be co-funded by NBD and other multilateral development banks. Founded in 2015, the New Development Bank was originally called the BRICS Development Bank, or BRICS ...

Headquarters: New Development Bank, No. 1600, Guozhan Road, Pudong New District, Shanghai, 200126, People's Republic of China Africa Regional Centre: New Development ...

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