Browsing Tag
Brics Bank
15 posts
BRICS Bank Approved 120 Projects Worth $40B Mostly in Local Currencies
The New Development Bank (NDB), commonly called the BRICS bank, has approved loans for 120 projects worth nearly…
BRICS Bank Plans To Disburse Loans in National Currencies
The New Development Bank (NDB) plans to disburse loans in national currencies to end dependency on the US…
BRICS Bank Officially Authorizes a New Country To Join the Ranks
The New Development Bank (NDB), commonly called the BRICS bank, has officially authorized a new country to join…
BRICS Bank President Says Ditching the US Dollar is a ‘Main Focus’
In a recent reaffirmation of the bloc’s commitment, the BRICS bank president recently assured that ditching the US…
BRICS Bank To Make $5 Billion in Loans in 2024
BRICS bank commonly called the ‘New Development Bank’ (NDB) is aiming to make $5 billion in loans in…
BRICS Bank: Will it Use the US Dollar in 2024 To Pay Debts?
The China Development Bank launched the New Development Bank (NDB) with BRICS to challenge the U.S. dollar. In…
BRICS Bank To Raise $3 Billion in Local Currencies, Not US Dollar
In the latest move of strength to push the de-dollarization initiative, the BRICS bank announced it will raise…
BRICS Bank Provides Loan for the First Time in 2024, Lends $500 Million
BRICS bank, commonly called the ‘New Development Bank’ (NDB) extended its wings for the first time in 2024…
BRICS Bank Makes Strides in Funding & to Ditch The US Dollar
In 2024, BRICS’ mission to ditch the US dollar lives on, with multiple new nations expected to join…
BRICS Bank That Wants to Ditch the U.S. Dollar Needs the U.S. Dollar
The BRICS bank called the ‘New Development Bank’ (NDB), wants to provide loans in local currencies to end…