Asian Infrastructure Investment Bank (AIIB)

  • Launched in 2016, it is a multilateral development bank that aims to improve economic and social outcomes in Asia. Recently, its 6th annual meet was held.
  • It was established by the AIIB Articles of Agreement (entered into force Dec. 25, 2015) which is a multilateral treaty. The Parties (57 founding members) to agreement comprise the Membership of the Bank.
  • Fourteen of the G-20 nations are AIIB members including France, Germany, Italy and the United Kingdom.
  • The bank's priorities are projects that promote sustainable Infrastructure and to support countries that are striving to meet environmental and development goals.
  • India is the second-largest shareholder, contributing ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Buy December 2021 Issue

Already a Member? Login here

Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Be an Annual Subscriber

Related Content

News Snippets