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BRICS bank’s $5 Billion Loan Strategy for 2024 Amid China Lending Low
Founded in 2015 by BRICS countries, the New Development Bank (NDB) is set to issue $5 billion in loans in 2024, marking its significance...
Argentina Starts Joining BRICS Bank
Argentine President Alberto Fernández met with Dilma Rousseff, head of the New Development Bank, in Shanghai.
He announced Argentina is beginning the process to join...
BRICS Bank Approves $1 Billion Loan for Brazil
Brazil recently secured a $1 billion loan from the New Development Bank (NDB), also known as the BRICS Bank.
The loan announcement happened in Marrakesh,...
Venezuela Takes Steps to Join BRICS Bank
Venezuelan President Nicolás Maduro has asked Vice President Delcy Rodríguez to apply for the BRICS New Development Bank (NDB) membership.
After meeting with Dilma Rousseff,...
Maduro Rekindles Brazil Ties at BRICS Bank
Dilma Rousseff met Venezuelan President Nicolás Maduro at the New Development Bank's office in Shanghai. They met on Sunday, September 10, 2023.
Both called the...
Venezuela eyes stronger economic ties with BRICS Bank
Venezuela eyes stronger economic ties with the BRICS New Development Bank. Vice President Delcy Rodríguez met with the bank's head, Dilma Rousseff, in China.
The...
UAE plans to invest in BRICS Bank and expand trade
The UAE plans to invest in the BRICS Bank and expand trade. The United Arab Emirates (UAE) sees its recent invitation to join BRICS...
Uruguay joins BRICS bank, marking expansion in South America
Uruguay, one of South America's smaller economies, has become the second country in the region after Brazil to join the New Development Bank (NDB),...
BRICS Bank president Rousseff slams dollar as a geopolitical weapon: calls for a diversified currency system
Dilma Rousseff, president of the BRICS Bank, criticized the United States for using the dollar as a geopolitical tool and causing the devaluation of...
Honduras seeks membership in BRICS Bank, marking shift in global finance
Honduras has formally expressed interest in joining the BRICS bank, a financial institution recognized for its innovative and inclusive approach to global finance.
Honduran President,...
Argentina to join the BRICS Bank
Argentina will join the New Development Bank, also known as the BRICS Bank.
This was announced by the head of the institution, Dilma Rousseff, to...
BRICS Bank rejects Lula’s idea to rescue Argentina
By Fernando de Castro
President Luiz Inácio Lula da Silva's proposal to grant a credit line from the BRICS Bank to Argentina through the New...
BRICS Bank considers including new member countries in the group
The New Development Bank (NDB) of BRICS, the group of emerging powers that brings together Brazil, Russia, India, China, and South Africa, is studying...
Argentina will ask the BRICS Bank for help
A delegation from Argentina is in China.
The Minister of Economy, Sergio Massa, the president of the Central Bank, Miguel Pesce, the vice-chancellor Cecilia Todesca...