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New Development Bank Plans To Double Loan Book This Year By $16 Billion
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New Development Bank Plans To Double Loan Book This Year By $16 Billion

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New Development Bank Plans To Double Loan Book This Year By $16 Billion
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New Development Bank Plans To Double Loan Book This Year By $16 Billion

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CAPE TOWN: The New Development Bank (NDB), plans to almost double its loan book to $16 billion this year and increase its impact, as the Bank seeks to broaden its global development partnerships and mobilise more institutional and private capital.

NDB is a multilateral finance institution established by Brazil, Russia, India, China and South Africa (BRICS) in 2014.

Source: accommodationtimes

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Anand Gupta Editor - EQ Int'l Media Network
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