Ndb int. l and institutional evolution.

NDB's Approach. The remaining balance will be financed by the Government of Madhya Pradesh. Yousuf Ali Syedfunding@ndb. NDB integrates the principles of environmental and social sustainability in its policies and operations. ing of the Board. to during the Inter-Sessional PeriodThe Board considered the Note on the Inter-Sessional Decisions of the Board of Directors since the 33rd Meeting (2022. Watch: NDB President Mrs. Treasury Investment Portfolio includes cash and cash equivalents (USD 1,362mn), due from banks other than cash and cash equivalents (USD 6,325mn), financial assets at FVTPL (USD 81mn), debt instruments at FVTOCI (USD 1,450mn) As of September 30, 2023. The bond’s nominal interest rate is 3. It was the first BRICS Summit to be hosted in person since the emergence Jul 7, 2015 · Since our establishment, NDB has evolved to become a major provider of sustainable development solutions. The bridge design extensively uses innovative technologies and considers the environment and sustainability aspects. Note 1: Total may not add up as figures are rounded to the nearest second decimal place. The Battery Energy Storage Project (Project) provides a solution to address both challenges. The Independent Evaluation Office of NDB (IEO) is undertaking a corporate-level evaluation on NDB’s Financial Architecture. As envisioned in NDB’s Articles of Agreement, the Bank seeks to fulfil its mandate by complementing the efforts of multilateral and regional financial institutions to support global growth and development. Percent of total: 1. From 2022 to 2026, NDB expects to provide USD 30 billion in funding from its balance sheet and to become an increasingly active player in mobilising capital from private sources. d of Directors held on June 27, 2022The Board considered and approved the Minutes (2022-BD37-DOC-003) and Summary (2022-BD37-DOC-004) of the 36th Board of Dir. With sound financial indicators It is located at the geographic center of China and serves as a vital transportation hub. Leslie Maasdorp as Vice-Presidents of the NDB from July 7, 2021. AbsenceAll Directors were present. int or contact Alexey Kosarev at +86-185-2105-0330, +86-21-8021-1848 or kosarev. Investment Operations Portfolio includes loans and advances. Basis for Opinion We conducted our audit in accordance with International Standards on Auditing (“ISAs”). Jan 29, 2024 · The delegation was headed by the NDB’s Vice-President and Chief Operating Officer, Mr. Jun 23, 2022 · On June 23, 2022, Mr. Working in close coordination with the NDB Headquarters, the Indian Regional Office will focus on project origination (including initial project preparation and technical assistance May 17, 2023 · The Agency noted that NDB’s capitalisation and solvency risks remain resilient, and that the Bank’s approach to diversifying its funding mix will support its ability to access resources at a low cost over the medium term. Abul Hassan Mahmood Ali, MP; Minister of Local Government, Rural Development and Co-operatives, Mr. banks of the founding members. NDB financed US$ 300 million of the total costs. The book was well supported with over ZAR 1. 2,800 MW 535,000 m3/day 1,300 km. 66% in the China Interbank Bond Market. 7 Jun 2024. The Xi’an Xianyang International Airport (XXIA) is the largest airport in northwest China with a design capacity of 31 million passengers and 0. After a round of successful negotiations, NDB started expanding its To fulfil our purpose, we support projects in both public and private sectors through loans, equity investments, and other tailored instruments. rectors held on September 23 C-001), as amended. Jun 8, 2016 · For more information, please visit the official website of the NDB at https://www. Mr. Our borrowing programmes are established in international markets and domestic markets of member countries, serving as funding platforms to mobilise resources May 19, 2022 · On May 19, 2022, the New Development Bank (NDB) announced the launch of its Indian Regional Office (IRO) in Gujarat International Finance Tec-City (GIFT City). Leave o. Vice-President and Chief Operating Officer. i. Sep 15, 2023 · H. ndb. Egypt has fully paid its first installment of paid-in capital. Jul 15, 2014 · NDB supports infrastructure and sustainable development projects in alignment with the development objectives of our members and their commitments under the SDGs and the Paris Agreement. 5 billion in the areas of renewable and green energy, and transportation. The Project will be implemented at approximately 17 sites, located within or adjacent to existing distribution substations of Eskom, across four provinces of South Africa. The NDB will finance USD 175 million through the modality of Sovereign Multitranche Financing Facility, of which the first tranche is USD 105 million. Since 2016, the passenger throughput of LZIA has been above its design capacity Aug 17, 2017 · The NDB has progressively put in place the necessary policy and administrative measures and commenced lending and borrowing operations. to during the Inter-sessional PeriodThe Board considered the Note on the Inter-Sessional Decisions of the Board of Jan 22, 2024 · Mr. Nov 18, 2022 · NDB supports infrastructure and sustainable development projects in alignment with the development objectives of our members and their commitments under the SDGs and the Paris Agreement. Jan 19, 2024 · For more information on the NDB, visit www. We also seek to diversify our funding by instruments, currencies, tenors and types of interest rate. The Annual Meeting focused on current and future global development issues and perspectives, and how the NDB could contribute to shaping a 环境与社会框架 5 页| 非官方译本，仅供参考 环境与社会框架概述 a. (NDB), was the first evaluation by the Independent Evaluation Office of the NDB (IEO) in China. 0 billion Euro Medium Term Note; and • USD 50 million Euro Medium Term Note. c. rectors Meeting held on May 29, 2023The Board considered and approved the Minutes (2023-BD41-DOC Jul 22, 2022 · NDB was the first international financial institution to issue such instrument in China’s Interbank Bond Market. The total subscription amount of Bank’s first bond reached more than RMB 9 billion We would like to show you a description here but the site won’t allow us. Leave o. The Programme with the maximum size of ZAR 10 billion and unlimited validity is listed on Johannesburg Stock Exchange (JSE) and governed by the laws of South Africa. This General Strategy for 2017-2021 spells out the orienting guidelines for NDB’s operation. Bangladesh and UAE have fully paid their first, second and third installments of paid-in capital. Kazbekov gained extensive experience in the Jun 2, 2023 · The Annual Meeting was focused on exploring how NDB could further contribute to shaping a new era for global development, with discussions covering such topics as NDB’s mission and its mandate of mobilizing resources for infrastructure and sustainable development projects in BRICS and other emerging economies and developing countries, as well May 25, 2020 · On April 19, 2023, the New Development Bank (NDB) successfully priced a USD 1. 根据《新开发银行协定》第2条 ——“宗旨”，“银行的宗旨是调动资源支持 The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas. 9 bln orderbook for the USD 1. Expected development results are presented for selected projects financed by NDB in collaboration with partners, irrespective of the proportion of the Bank’s financing in the total project cost. 5 1. Over the past few years During 2020 financial year, NDB successfully issued the following: • Inaugural USD 1. The NDB loan accounts for 70% of the total cost. Oct 18, 2023 · 18 Oct 2023 • President's Desk. NDB’s mandate and strategic focus The New Development Bank (“NDB” or “the Bank”) was established by the governments of the Federative Republic of Brazil, the Russian Federation, the Republic of India, the People’s NDB actively engages in partnerships with peer MDBs to complement their efforts in supporting global growth and development. 6 bln in bids across both the 3- and 5-year tranches enabling NDB to exercise its option to upsize the trade from ZAR 1 bln to ZAR 1. May 5, 2024 · The Project, with wind turbine generators to be imported from China, showcases increasing cooperation among NDB member countries. Qiangwu Zhou and Mr. Carlos Eduardo Lampert Costa, Deputy Secretary of Financing for Development NDB’s funding strategy focuses on meeting financing requirements and investor preferences through diversification of funding by instruments, currencies, tenors, types of interest rate. The preparation and processing time from the request to NDB by the Chinese Government to the approval of the Program by NDB’s Board was about a month, which was a new record for NDB’s loan preparation and processing time with efficiency and quality, in efforts to ensure the Attachment I)Adoption of the AgendaThe Board of Directors (“Board”) considered and adopted the Agenda of the 41st Meet. Erivaldo Gomes, Alternate Director for Brazil, Secretary for International Economic Affairs, Ministry of Economy, Brazil ii. We prioritise high-impact operations that are climate-smart, disaster-resilient, technology-integrated and socially-inclusive. Major E&S risks include biodiversity impacts to Bohai Bay and Laizhou Bay marine protected resources and benthonic habitat by dredging and constructing the wharf, impacts to Beidagang protected wetland by constructing the gas pipeline, deterioration of marine water quality by dredging and pollutant NDB supports member country’s sustainable infrastructure development through different modalities, including through supporting financially well managed firms that play important roles in the country’s economy. To date, the NDB Board of Directors approved seven projects in all member states, for a total of over USD 1. Recognising the urgent need for a well-integrated and sustainable urban transport NDB supports infrastructure and sustainable development projects in alignment with the development objectives of our members and their commitments under the SDGs and the Paris Agreement. 2 billion to TCTA under the sovereign guarantee of South Africa. The General Strategy will be supplemented by a detailed Business Plan as well as individual country strategies as embodied in Country Partnership Plans, to be approve. The Municipality of Curitiba is the capital of the state of Paraná, located in the Southern region of Brazil, with an estimated population of 1. Jul 19, 2016 · The New Development Bank is pleased to announce today that on 18 July 2016 it successfully issued its first Green Financial Bond with issue size of RMB 3 billion, tenor of 5 years in the China Interbank Bond Market. 07%. Leslie Maasdorp, NDB’s Vice-President and Chief Financial Officer commented that “the successful execution of the USD 2 billion syndicated term loan facility is a first of its kind fundraising for NDB. 0 billion (USD 704 million) Corona virus combating bond; • CNY 2. Marcos Troyjo, President of NDB, said “since our debut rating with S&P in 2018, NDB has consistently been rated at AA+ with a stable outlook. Kazbekov worked in executive positions for the Russian National Development Bank – the state corporation bank for development and foreign economic affairs (Vnesheconombank) for more than 15 years. We place a strong emphasis on building and implementing effective partnerships to accelerate member countries Environmental and Social Interests. The Independent Evaluation Office has completed its first Project Evaluation of the NDB-financed Greenhouse Gas Emission Reduction and Energy Sector Development Project in South Africa. Dilma Rousseff Speaks at the Third Belt and Road Forum for International Cooperation, Beijing, China, October 18, 2023. Jul 9, 2024 · NDB supports infrastructure and sustainable development projects in alignment with the development objectives of our members and their commitments under the SDGs and the Paris Agreement. This transaction has become not only the largest ever 5-year Panda bond issuance, but it also marked the first issuance of a Panda bond this year in the China Interbank Bond Market by a multilateral Mar 9, 2021 · The Project is Category “A” in line with NDB’s Environmental and Social Framework (ESF). MDBs will continue to work together on this important topic after the publication of the said Joint MDB Paris Alignment Methodological Principles, recognising the need to continue to a. We stay true to our mandate to guide how we work and the decisions we make every step of the way. int +86 (21) 8021-1823 1600, Guozhan Road, Pudong New District, Shanghai, 201206, China Who We Are Credit Ratings Long-Term Short-Term Outlook NDB is a multilateral development bank established by BRICS countries Sep 2, 2021 · The New Development Bank (NDB) – established by BRICS (Brazil, Russia, India, China and South Africa) in 2015 – has admitted the United Arab Emirates (UAE) as a new member. 简介 1. Borrowing Programmes. 5 billion Euro CNY 5. The Project also includes activities to strengthen institutional capacity of the APWRD. Sep 4, 2017 · NDB supports infrastructure and sustainable development projects in alignment with the development objectives of our members and their commitments under the SDGs and the Paris Agreement. More specifically, NDB cooperates with other MDBs in areas of mutual interest, including exploring and pursuing opportunities for co-financing projects, facilitating knowledge exchange and research, provision of technical assistance, exchange of human resources and others. b. Mar 22, 2022 · irectors held on December 14, 2021 The Board considered and approved the Minutes (2022-BD34-DOC-003) and Summary (2022-BD34-DOC-004) of the 33rd Board of Directo. During this time Mr. ”. Our responsibilities under those standards are further described in the Auditor’s Responsibilities for the Audit of the Financial Statements section of our report. Jul 7, 2021 · The Board of Governors of the New Development Bank (NDB) has appointed Mr. Vale, one of Brazil’s largest firms, is the leader in mining and logistics operations in Brazil. E. Access your accounts, transfer funds, pay bills and more with NDB Internet Banking. Aug 22, 2023 · NDB at the 15th BRICS Summit. 25 bln 3-year benchmark green bond under the Bank’s USD 50 bln Euro Medium Term Note Programme. Vladimir Kazbekov. Within the broad spectrum of infrastructure and sustainable development, NDB’s operations during the 2022-2026 period will focus on, but not be limited to, the following areas. Vladimir Kazbekov is Vice-President and COO of the New Development Bank. “The adjustment of the Bank’s rating by Fitch to AA with a Stable Outlook is a positive development for NDB. The Project’s associated facilities include the construction of a 34. 2 km between Palasbari and Sualkuchi towns of the GMA. NDB Board Statement on COVID-19. The current design capacity of LZIA is 8 million passengers and 100,000 tonnes of cargo annually. Introduction 1. Marcos Troyjo, President of the New Development Bank (NDB), reported on the Bank’s achievements to the Leaders of Brazil, Russia, India, China and South Africa at the 14th BRICS Summit, held in a virtual format under the chairmanship of the Government of the People’s Republic of China. Jan 31, 2024 · On January 31, 2024, the New Development Bank (NDB) issued a RMB 6 billion 5-year Panda bond priced at 2. The transaction is the largest ever Panda Bond issue by a Multilateral Development Bank (MDB). The Bank has since then raised over USD 10 billion in domestic and international capital markets, including the first-ever SDG bond following the United Nations Development Programme (UNDP) SDG Impact Standards. Incorporated as a not-for-profit foundation in 1971, and headquartered in Geneva, Switzerland, the Forum is tied to no political, partisan or national interests. Investors were attracted by the granular project selection and motivated to support NDB’s commitment to sustainable infrastructure and green projects in line with NDB’s Sustainable Jul 18, 2022 · Lanzhou Zhongchuan International Airport (LZIA) serves as the primary gateway airport to the Gansu province and is one of the major air transport hubs in western China. Apr 1, 2024 · The Project will construct a bridge over the Brahmaputra river with a total length of 12. The NDB will provide a project loan of ZAR 3. 06%. During the visit, the delegation met with the newly appointed Finance Minister, Mr. Apr 20, 2023 · NDB’s inaugural Green issuance in USD benchmark format was well received with over 50 investors in the USD 1. 5/500-kV private substation and a 75-km long 500-kV transmission line connecting the Project to the Campina Grande III substation, which is the May 19, 2022 · On May 19, 2022, the Board of Governors of the New Development Bank (NDB) approved the Bank’s General Strategy for 2022–2026 entitled “Scaling Up Development Finance for a Sustainable Future. She also briefed Governor Wang about NDB’s membership expansion to help create a more multipolar international order and NDB’s efforts to deepen local capital markets of its member countries. After an initial establishment phase focused on building solid foundations to operate at scale, the Bank made substantial progress in expanding its membership by admitting the first new members in 2021. “The New Development Bank targets providing up to USD 10 billion in crisis-related assistance, including support for member countries 5 days ago · The NDB Board of Directors approved, on 28 November 2023, the Independent Evaluation Strategy 2024-2026. 30 km. Tazul Islam, MP; Governor of Bangladesh Bank, Mr The New Development Bank (NDB), formerly referred to as the BRICS Development Bank, is a multilateral development bank established by the BRICS states (Brazil, Russia, India, China, and South Africa). We work to ensure that our financing and investments in infrastructure and sustainable development projects have minimal adverse impact on the environment and people. In line with the strong economic development of the region, the passenger Jun 21, 2023 · NDB also aims to direct 40 percent of its total financing over the 2022 – 2026 period to projects contributing to climate change mitigation and adaptation. Notes: Expected development results are presented for selected projects financed by NDB in collaboration with partners, irrespective of the proportion of the Bank’s financing in the total project cost. of the Board (2023-BD41-DOC-001). To The total cost of the Project is estimated to be USD 250 million. The facility enables us to diversify our funding sources to new markets and broaden our investor base for future debt issuances. Enjoy secure and convenient online banking with NDB Bank. 25 bln deal size. By partnering with BDMG, the NDB will increase the availability of long-term funding to local companies and smaller municipalities for investments into infrastructure and sustainable development within the State of Minas Gerais. The Project can store excess renewable energy in low demand periods and release NDB aims to bolster its role as a catalyst of support for addressing the evolving infrastructure and sustainable development needs of its members. Upon the completion of the issuance, the NDB would have a cumulative total of RMB 30 bln bonds issued under its RMB 30 660 km. The Project aims to contribute to socio-economic growth and development of Minas Gerais in alignment with the State accordance with International Financial Reporting Standards (“IFRSs”). Note 2: All five founding members have fully paid their paid-in capital. l and institutional evolution. Dec 5, 2023 · On December 5, 2023, New Development Bank (NDB) returned to the South African bond market with a second successful ZAR bond issuance in the year. NEOS Digital Banking is a cutting-edge platform that offers NDB Bank customers a convenient, secure and interactive online banking experience. NDB’s Board of Governors authorized the Bank to conduct formal negotiations with prospective members in late 2020. The numbers are rounded, and are based on the information available at the time of approval. Bonds issued under the Programme will constitute unsecured obligations of NDB, ranking equally with all of the Bank’s other unsecured and unsubordinated NDB supports infrastructure and sustainable development projects in alignment with the development objectives of our members and their commitments under the SDGs and the Paris Agreement. “The Board of Governors welcomes the NDB contribution to the ongoing efforts of BRICS countries to address the health and economic consequences of the outbreak. int Who we are About NDB Mar 19, 2020 · The Program was NDB’s first emergency assistance program in response to an outbreak in its member countries. Explore NEOS features and benefits today. NDB supports infrastructure and sustainable development projects in alignment with the development objectives of our members and their commitments under the SDGs and the Paris Agreement. In August 2023, the New Development Bank participated in the 15th BRICS Summit, held in South Africa under the theme of “BRICS and Africa: Partnership for Mutually Accelerated Growth, Sustainable Development and Inclusive Multilateralism”. 58. 1. After a round of successful negotiations, NDB is . Vladimir Kazbekov, Mr. int. In 2021, NDB Board of Governors approved the admission of Bangladesh, UAE, Egypt and Uruguay into NDB family, which heralded the beginning of The New Development Bank (NDB) – established by BRICS (Brazil, Russia, India, China and South Africa) in 2015 – has admitted Egypt as a new member. The objectives of this evaluation are to assess: (i) the effectiveness of the financial architecture in fund raising and borrowing; (ii) the productivity of of NDB’s resources particularly from its strategic May 30, 2023 · The 8th Annual Meeting of the New Development Bank (NDB) hosted by China was held at the NDB’s Headquarters in Shanghai under the theme “Shaping a New Era for Global Development” on May 30-31, 2023. 13 million tonnes/year 35,000 209,000 m3/day At least 42 850 15,700 km 260 km. 9 million. The issuance represents NDB’s return to the international capital markets and is also the first USD Green Bond issued by the Bank, demonstrating its commitment to Jan 19, 2024 · NDB supports infrastructure and sustainable development projects in alignment with the development objectives of our members and their commitments under the SDGs and the Paris Agreement. 3 bln. Md. The project aimed to establish Luoyang City’s first metro line as part of a larger four-phase strategy developed by the provincial Government. int Denis Vorobyev Shi Mao – Treasurer +86 (21) 8021-6176 www. NDB was created to be a global Multilateral Development Bank (MDB) with membership open to all members of the United Nations. President Dilma Rousseff spoke about NDB’s successful partnership with Hubei Province in financing COVID-19 relief efforts. Feb 1, 2024 · NDB supports infrastructure and sustainable development projects in alignment with the development objectives of our members and their commitments under the SDGs and the Paris Agreement. 0 billion (USD 284 million) bond; • USD 2. NDB President Dilma Rousseff Met with Vladimir Putin, President of BRICS chair country Russia, at SPIEF 2024. 4,638 Followers, 16 Following, 104 Posts - New Development Bank (@ndb_int) on Instagram: "NDB is a multilateral development bank established by the BRICS countries to finance infrastructure & sustainable development projects in EMDCs. The project was approved by the NDB Board of Directors in June 2018, for a total project cost of US$ 600 million. The General Strategy sets the course for NDB’s evolution into a leading provider of solutions for infrastructure and sustainable development Aug 21, 2023 · Johannesburg, South Africa — On 21 August 2023, the New Development Bank (NDB) and Trans-Caledon Tunnel Authority (TCTA) signed the Loan Agreement for the implementation of Phase II of the Lesotho Highlands Water Project (LHWP). 44 million tonnes of cargo annually. The Board adopted the Age. NDB strives to maintain a consistent presence in key funding markets and establish a curve through regular benchmark issuances in both major hard currencies, as well as local currencies in BRICS and other member countries. This year’s BRICS Summit was Feb 28, 2023 · New Development Bank ‘AA+/A-1+’ Ratings Affirmed by S&P. Marcos Machado Guimarães, Advisor, Deputy Secretary for International Institutions of Development, Ministry of Economy iii. On February 27, 2023, S&P Global Ratings affirmed the credit rating of NDB at ‘AA+’ with a stable outlook. The New Development Bank (NDB or the Bank) was established in 2015 by Brazil, Russia, India, China, and South Africa (collectively BRICS or the BRICS countries) to mobilise resources for The New Development Bank (NDB) is a multilateral development bank established by Brazil, Russia, India, China and South Africa (BRICS) with the purpose of mobilising resources for infrastructure and sustainable development projects in emerging markets and developing countries (EMDCs). President's Desk. Curitiba’s bus rapid transit (BRT) system is an example of efficient public transportation model, which has been replicated in many cities of Brazil and throughout South America. " Feb 1, 2024 · Agenda Driven Funding. About the Islamic Development Bank (IsDB): Established nearly 50 years ago and rated AAA by the major rating agencies of the world, the Islamic Development Bank is the pioneering multilateral development bank of the Global South that has been working to improve the lives of the communities it May 19, 2022 · On May 18, 2022, the New Development Bank (NDB) successfully priced a 3-year CNY 7 billion Bond in the China Interbank Bond Market. alexey@ndb. The Strategy, the first of its kind in the Bank, is part of IEO’s broader enabling environment and aims to operationalize the NDB Evaluation Policy as well as generate a common understanding on the approach to evaluations by IEO. lc ry jh ss be dc yd vi yg kr