Asian Infrastructure Investment Bank

ADB mobilises $261m for expressway connecting Dhaka with other major cities

The Asian Development Bank (ADB) has mobilised $261 million of private sector capital for a four-lane, 13.5-kilometre expressway between Dhaka and other major cities in order to ease traffic congestion and provide better connectivity.
3 August 2023, 07:53 AM

Bangladesh gets $165m

Bangladesh has become one of the first countries to have secured a loan from the Asian Infrastructure Investment Bank (AIIB).
24 June 2016, 18:00 PM

AIIB okays $165m loan for power in Bangladesh

The Asian Infrastructure Investment Bank approves a loan of $165 million for a power distribution system upgrade and expansion in Bangladesh.
24 June 2016, 12:12 PM

Govt approves AIIB bill

The “Asian Infrastructure Investment Bank Bill, 2016” is passed in the parliament, paving the way for Bangladesh to join the AIIB as a founding member.
23 February 2016, 16:00 PM

China-led AIIB development bank holds signing ceremony

China hosts the signing ceremony of the Asian Infrastructure Investment Bank (AIIB), a new international financial institution set to rival the World Bank and Asian Development Bank.
29 June 2015, 11:44 AM

China denies giving up AIIB veto power

China denies reports that it had given up the veto power in the Asian Infrastructure Investment Bank, saying it is premature to discuss the matter
26 March 2015, 06:23 AM

UK to join China-backed Asian development bank

Britain said it has sought to become a founding member of the Asian Infrastructure Investment Bank, making it the first Western nation...
13 March 2015, 08:12 AM