Posts Tagged international financial institution
Asian Infrastructure Investment Bank (AIIB)
Posted by Bogdan Marius Beleuz in Banking System, Financial & Investment Markets, Geopolitical Issues, Globalization Challenges, International Trading, More Trade News in Brief on April 3, 2015
The Asian Infrastructure Investment Bank (AIIB) is an international financial institution proposed by the government of China.
At least 47 countries and territories from five continents have applied to join the Beijing-led Asian Infrastructure Investment Bank as founding members.
Sweden and Kyrgyzstan were among the last to apply before the deadline, 31 March 2015, adding further weight to the regional financing body, which has seen its influence grow even before it officially starts operation.
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