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New Development Bank

2:19

What makes the New Development Bank different?

2:13

BRICS New Development Bank: filling in the financing gap

3:53

BRICS-led New Development Bank approaches 7th anniversary

1:07

Join the New Development Bank team

3:15

GLOBALink | BRICS' New Development Bank eyes expansion, greater devotion to sustainability

The New Development Bank (NDB), 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." Moreover, the NDB "shall cooperate with international organizations and other financial entities, and provide technical assistance for projects to be supported by the Bank."
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