- Multilateral Development Bank (MDB)
- USD 100 billion – authorised capital – one of the largest MDBs
- USD 50 billion paid by founding members – equal share
- USD 32.8 billion – loans/financing approved so far
- 96 projects approved so far
- Established in 2015 by BRICS countries
- Shanghai based, open to any UN member
Members/Shareholding
- Brazil/19.42%
- Russia/19.42%
- India/19.42%
- China/19.42%
- South Africa/19.42%
- Bangladesh/1.83%
- UAE/1.08%
- Egypt/Prospective member
- Uruguay/Prospective member