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Category New Development Bank

MainNewsNew Development Bank
Iran Warns BRICS of ‘Big Threat’ From Western Payment Systems, Vows to End Dependence

Iran Warns BRICS of ‘Big Threat’ From Western Payment Systems, Vows to End Dependence

Iran has called for BRICS nations to reduce their reliance on Western financial systems, warning of the risks posed by such dependence. Addressing ...
BRICS Bank Offers Zimbabwe Escape From IMF Debt Traps, Says Professor

BRICS Bank Offers Zimbabwe Escape From IMF Debt Traps, Says Professor

A Zimbabwean professor has highlighted the BRICS New Development Bank (NDB) as a crucial alternative to the International Monetary Fund (IMF), offe...
BRICS Bank Officially Authorizes a New Country To Join the Ranks

BRICS Bank Officially Authorizes a New Country To Join the Ranks

The New Development Bank (NDB), commonly called the BRICS bank, has officially authorized a new country to join…
Algeria gets official approval to join BRICS New Development Bank

Algeria gets official approval to join BRICS New Development Bank

Algeria is now officially in the club. Earlier today, the North African country got the green light to join the BRICS New Development Bank (NDB). T...
BRICS Bank To Make $5 Billion in Loans in 2024

BRICS Bank To Make $5 Billion in Loans in 2024

BRICS bank commonly called the ‘New Development Bank’ (NDB) is aiming to make $5 billion in loans in…