Browsing Tag
NDB
7 posts
BRICS New Development Bank Touts Chinese Yuan For Global South Funding
The BRICS New Development Bank (NDB) is touting the Chinese yuan for funding across the Global South. China’s…
BRICS Bank To Fund Climate Projects in Local Currencies
Dilma Rousseff, the President of the New Development Bank (NDB), announced that BRICS will fund climate finance in…
BRICS Bank NDB Gives Loans in Local Currencies Worth $2.1 Billion
The New Development Bank (NDB), commonly called the BRICS bank has disbursed loans in local currencies worth $2.1…
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…
De-Dollarization: New Country Joins New Development Bank (NDB) to Drop US Dollar
De-dollarization efforts are accelerating right now as Algeria officially joins the BRICS New Development Bank, and this marks…
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 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…