/Pixabay

AIIB’s members tally 109

Member countries accumulate about 81% of the global population.

The Asian Infrastructure Investment Bank (AIIB) has expanded its membership to 109 countries, following the approval of applications from El Salvador, the Solomon Islands, and Tanzania.

With these new additions, AIIB's member countries collectively represent 81% of the world's population and contribute to 65% of the global gross domestic product (GDP). 

ALSO SEE: BDO Capital's president shares insights on infrastructure financing in the Philippines

The three prospective members are set to formally join AIIB once they fulfil the necessary domestic procedures and make their initial capital deposits to the bank. 

The approval for welcoming these three prospective members was granted by AIIB's Board of Governors during its eighth Annual Meeting in Sharm El Sheikh, Egypt

 

Follow the link for more news on

Join Asian Banking & Finance community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!