BRICS New Development Bank

The New Development Bank (NDB) is an international financial institution established as a joint initiative among BRICS countries. It is a move to reduce reliance on the US dollar and the euro, and facilitate account settlement and loan transaction, cash flow and free trade among BRICS countries.

The NDB was founded during the Sixth BRICS Summit in Fortaleza, Brazil, in July 2014. Its headquarters were to be located in Shanghai, China, its first chair of the Board of Governors to be from Russia, first chair of the Board of Directors from Brazil, and first President from India. The bank would have an initial authorized capital of US$100 billion, and an initial subscribed capital of US$50 billion to be equally shared among founding members.

The bank formally opened on July 21, 2015. By the end of May 2018, it had approved 21 projects, with US$5.1 billion of combined loans. Its Africa Regional Center was opened in South Africa in 2017 to finance the bank's local investment projects.

As a new model for South-South cooperation, the NDB supplements the existing international financial system. It serves as proof of the emerging economies' ability to utilize their own financial resources to spur sustainable growth, make up for the functional deficiency of the existing global financial institutions, and participate in the shaping of a new international economic order.

金磚國(guó)家新開(kāi)發(fā)銀行

金磚國(guó)家新開(kāi)發(fā)銀行是由金磚國(guó)家共同倡議建立的國(guó)際性金融機(jī)構(gòu)。建立的目的是方便金磚國(guó)家間的相互結(jié)算和貸款業(yè)務(wù)，從而減少對(duì)美元和歐元的依賴，有效保障成員國(guó)間的資金流通和貿(mào)易往來(lái)。

2014年7月，在巴西福塔萊薩舉行的第六屆金磚國(guó)家領(lǐng)導(dǎo)人峰會(huì)上，金磚國(guó)家新開(kāi)發(fā)銀行正式宣告成立。金磚國(guó)家新開(kāi)發(fā)銀行總部設(shè)在中國(guó)上海，首任理事長(zhǎng)、董事長(zhǎng)及行長(zhǎng)分別來(lái)自俄羅斯、巴西和印度。該行初始授權(quán)資本為1000億美元，初始認(rèn)購(gòu)資本為500億美元，由5個(gè)創(chuàng)始成員國(guó)均攤。該銀行于2015年7月21日正式開(kāi)業(yè)， 截止到2018年5月底，已批準(zhǔn)21個(gè)項(xiàng)目，貸款總額超過(guò)51億美元。2017年，新開(kāi)發(fā)銀行在南非開(kāi)設(shè)了非洲區(qū)域中心，將幫助銀行更好地準(zhǔn)備在非洲的投資項(xiàng)目。作為南南合作的新范式，金磚國(guó)家新開(kāi)發(fā)銀行的成立是對(duì)現(xiàn)有國(guó)際金融體系的有益補(bǔ)充，也表明了金磚國(guó)家利用自身的全球金融資源推動(dòng)經(jīng)濟(jì)可持續(xù)發(fā)展，彌補(bǔ)現(xiàn)有國(guó)際金融機(jī)構(gòu)功能缺失，以積極的姿態(tài)參與重塑?chē)?guó)際經(jīng)濟(jì)新秩序。