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Asian Infrastructure Investment Bank (AIIB)
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Asian Infrastructure Investment Bank (AIIB)

Asian Infrastructure Investment Bank (AIIB)
Asian Infrastructure Investment Bank (AIIB)
The Asian Infrastructure Investment Bank (AIIB) is a China-led international financial institution created to offer finance to infrastructure projects as part of China's Silk Road initiative, with a focus on bolstering links across Asia, the Middle East, Africa and Europe. Some government officials and analysts have said growing dissatisfaction among emerging economies at the failure to reform the International Monetary Fund's decision-making system encouraged China to set up the new international lender, with 57 participating countries.
Chairman / President
Jin Liqun
CEO / Managing Director
Luky Eko Wuryanto
CFO / Finance Director
Andrew Cross
Industry
Finance
Website
aiib.org/en/
Headquarters address
Beijing, China
Year founded
2016
China trade

China-led SCO bloc looks to fast-track plan for new bank, rival Western lenders

Member states seek more financial autonomy and localised credit by advancing an effort to fund regional growth using their national currencies, not the US dollar.

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AIIB launches US$10 billion facility to help nations hit by Iran war fallout

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Pakistan to tap China debt market with first sale of yuan-priced ‘panda bonds’

Islamabad turns to ‘panda bonds’ to secure cheaper credit and diversify its borrowing into yuan-denominated funding, with a focus on sustainable development.

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