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Wednesday, March 6, 2019

https://www.aiib.org/en/news-events/news/index.html Infrastructure projects focused on cross-border connectivity present significant investment opportunities and are vital for long-term growth in Asia.The Asian Infrastructure Investment Bank (AIIB) has completed three years of operations. On its third anniversary, the Bank reflects on its highlights since it became operational on Jan. 16, 2016.The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved USD500 million for a managed credit portfolio that aims to develop infrastructure as an asset class, develop debt capital markets for infrastructure and promote the integration of Environmental, Social and Governance (ESG) principles in fixed income investments in Emerging Asia.The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors approved on Dec. 7, 2018 the Policy on the Project-affected People’s Mechanism (PPM).The United Nations (UN) has adopted a resolution granting the Asian Infrastructure Investment Bank (AIIB) permanent observer status.The Asian Infrastructure Investment Bank’s (AIIB) Board of Governors has approved membership applications of six more countries, bringing AIIB’s total approved membership to 93.Luxembourg will host the Asian Infrastructure Investment Bank’s (AIIB) first Annual Meeting outside of Asia on July 12-13, 2019.The Asian Infrastructure Investment Bank (AIIB) reaffirmed its commitment to keep its operations "Clean" - as part of its "Lean, Clean and Green" core values - during a weeklong series of activities in support of International Anti-Corruption Day, observed annually on Dec. 9.About 3.3 million people in Andhra Pradesh will have access to safe drinking water following the approval of a USD400 million loan by the Asian Infrastructure Investment Bank’s (AIIB) Board of Directors.The global tourism industry continues to grow and is a vital source of employment and income, contributing over 10 percent of global gross domestic product and linked to 10 percent of jobs worldwide.Multilateral Development Banks (MDBs) today announced a joint framework for aligning their activities with the goals of the Paris Agreement, reinforcing their commitment to combat climate change.The Asian Infrastructure Investment Bank (AIIB) and the Eurasian Development Bank (EDB) have agreed to enhance collaboration in common areas of interest and support the development of projects in countries eligible to receive financial assistance from the two banks.The Asian Infrastructure Investment Bank’s (AIIB) Policy on Public Information (PPI) has been approved by its Board of Directors, enhancing the transparency and accountability of AIIB.At its fifth meeting, the Asian Infrastructure Investment Bank’s International Advisory Panel (IAP) (IAP) announced three new members. AIIB established the IAP to advise the President and senior management on development of the bank’s strategies, policies and operational approach.The Asian Infrastructure Investment Bank (AIIB) has released its Transport Sector Strategy , which will guide the Bank’s infrastructure investments in the transport sector in Asia and beyond.The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a loan of up to USD200 million to the Industrial Development Bank of Turkey (TSKB), backed by a guarantee from the Government of Turkey. The loan will support long-term financing, primarily for renewable energy and energy efficiency projects.More than two million people living in rural areas of Andhra Pradesh, India, stand to benefit from an improved road network connecting them with markets, schools and other services after approval was provided by the Board of Directors of the Asian Infrastructure Investment Bank (AIIB) for a USD455-million loan.The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors approved its first sovereign loan to the Egyptian government for USD300 million to improve rural sanitation services for 892,000 people in 178,000 rural households in selected governorates in the country.The Asian Infrastructure Investment Bank (AIIB) has opened public consultations on the draft of its Sustainable Cities Strategy. The Strategy outlines AIIB’s vision of realizing economically, environmentally and socially sustainable Asian cities that are green, resilient, efficient, accessible and thriving (GREAT).Hong Kong, China will contribute USD10 million to the Asian Infrastructure Investment Bank’s (AIIB) Project Preparation Special Fund, according to AIIB President Jin Liqun and Hong Kong Special Administrative Region (HKSAR) Chief Executive Carrie Lam. The fund provides grant support to low-income members of AIIB to help them prepare high-quality infrastructure projects.The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a new governance model that will strengthen its role in establishing the policies and strategies of the bank and its ability to hold the President accountable for the management of AIIB. It will also delegate authority to the President to approve a select group of projects based on predetermined criteria. This new model is expected to enhance efficiency and make the President more responsible and accountable to the shareholders for AIIB’s operations.The Board of Directors of the Asian Infrastructure Investment Bank (AIIB) has approved a USD250 million loan to improve irrigation services and management accountability in Indonesia.The Board of Directors of the Asian Infrastructure Investment Bank (AIIB) has approved a USD600-million loan to increase the reliability and security of Turkey’s gas supply. The project, cofinanced with the World Bank, is AIIB’s first project to be financed in Turkey.The Board of Governors of the Asian Infrastructure Investment Bank (AIIB) announced today that the Fourth AIIB Annual Meeting will be held in Luxembourg in July 2019.The Asian Infrastructure Investment Bank’s (AIIB) Board of Governors has approved a new membership application from the Republic of Lebanon, bringing AIIB’s total approved membership to 87.Honorable Prime Minister of India, Finance Minister, Governor and Chief Minister of Maharashtra, Distinguished Governors and Members of the Board of Directors, Honored Guests, Ladies and Gentlemen.For the first time, the Asian Infrastructure Investment Bank (AIIB) and the Islamic Development Bank Group (IsDB Group) have signed a Memorandum of Understanding (MOU) to establish a framework for strategic cooperation, including actively seeking to co- finance projects in common areas of operations. The overarching theme of the MOU will be "Mobilizing Financing for Infrastructure: Innovation & Collaboration".The Board of Directors of the Asian Infrastructure Investment Bank (AIIB) has approved an equity investment of USD 100 million in India’s National Investment and Infrastructure Fund’s (NIIF) Fund of Funds as Phase I for the NIIF Fund of Funds initial closing. AIIB is considering a further investment of USD 100 million as part of Phase II for the final closing, which would bring the bank’s total commitment to USD 200 million.The Asian Infrastructure Investment Bank (AIIB) has launched public consultations on its Draft Transport Sector Strategy. The draft strategy outlines AIIB’s vision to develop sustainable and integrated transport systems that promote trade and economic growth in Asia.The Asian Infrastructure Investment Bank’s (AIIB) Board of Governors has adopted resolutions approving two applicants to join the Bank, bringing AIIB’s total approved membership to 86. This round of approved applicants includes one regional and one nonregional prospective members.A Memorandum of Understanding to enhance collaboration on sustainable economic development was signed on April 18 by the Asian Infrastructure Investment Bank and the African Development Bank and formalized during the World Bank-International Monetary Fund Spring Meetings in Washington, DC.Approximately 1.5 million rural residents in Madhya Pradesh, India, stand to directly benefit from improved livelihoods, education and mobility with the USD140-million loan approved by the Board of Directors of the Asian Infrastructure Investment Bank (AIIB).The Asian Infrastructure Investment Bank (AIIB) has released its "Strategy on Mobilizing Private Capital for Infrastructure" to further define the bank’s approach to making investment in emerging market infrastructure more attractive to private investors.The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a loan of up to USD60 million for a project that will increase power generation capacity in Bangladesh and help the country respond to power shortages.The Asian Infrastructure Investment Bank’s (AIIB) Board of Governors has adopted resolutions approving four applicants to join the Bank, bringing AIIB’s total approved membership to 84. This round of approved applicants includes two regional and two nonregional prospective members.Asian Infrastructure Investment Bank (AIIB) President Jin Liqun and United Kingdom (UK) Chancellor of the Exchequer Rt Hon Philip Hammond have signed an agreement for the UK to contribute US$50 million to AIIB’s Project Preparation Special Fund which provides grant support primarily to low income developing member countries to prepare high quality projects.The global development agenda is being transformed in fundamental ways. The Sustainable Development Goals (SDGs), agreed upon by the international community, constitute a universal compass, highlighting the need for systemic and collective action for sustainable, equitable and inclusive development for everyone on this planet. The imperative for mobilizing and shifting financial flows, public and private, towards sustainable development was highlighted by the 2015 Addis-Ababa Financing for Development Conference. The Paris Agreement reached at COP21 recognized that all countries and stakeholders must act to combat climate change. Since the Agreement’s entry into force in 2016, the momentum for climate action has become irreversible.The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a US$335 million loan for a 100-percent electric metro project that will reduce traffic and pollution and increase employment and mobility in India. The investment in the Bangalore Metro Rail Project—Reach 6 (R6) is AIIB’s first metro project and its first joint financing partnership with the European Investment Bank (EIB). EIB is the project’s lead financier with Euro 500 million in funding.The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved a US$250-million loan for a project that will reduce China’s coal use by about 650,000 tons annually through connecting about 216,750 households in approximately 510 rural villages to the natural gas distribution network.The Asian Infrastructure Investment Bank’s (AIIB) Board of Directors has approved up to US$239.2-million in senior debt to develop communications infrastructure that will help Oman shift its economy away from a reliance on the export of hydrocarbons.The Asian Infrastructure Investment Bank (AIIB) joined other multilateral development banks, international organizations and civil society in celebrating the United Nations’ International Anti-Corruption Day, true to the Bank’s commitment to ensure its operations remain "clean" and free of corruption.Asian Infrastructure Investment Bank (AIIB) President Jin Liqun and senior members of his team received strategic and actionable advice on AIIB’s long-term business model and how to navigate the global context of multilateral lending.The Basel Committee on Banking Supervision has assigned eligible Asian Infrastructure Investment Bank (AIIB) liabilities a 0% risk weighting as well as a high-quality liquid assets (HQLA) Level One designation.The World Bank (WB) and the Asian Infrastructure Investment Bank (AIIB) will provide funding to improve flood management in select drainage areas in Metro Manila.The Asian Infrastructure Investment Bank (AIIB) continues its collaborative approach to address the infrastructure gap in Asia by investing US$150 million in the IFC’s Emerging Asia Fund and co-financing a project with the Asian Development Bank (ADB) to improve energy connectivity in India by strengthening its power transmission system.The Asian Infrastructure Investment Bank announced up to US$210 million in debt financing to tap Egypt’s renewable energy potential. This solar power project will increase Egypt’s power generation capacity, reduce the country’s dependence on gas and fuel for electricity generation, and will help the country meet its commitments under the Paris Climate Agreement as it moves towards an environmentally sustainable energy mix.S&P Global Ratings ("S&P") announced it has assigned the Asian Infrastructure Investment Bank (AIIB) its highest possible rating and a stable outlook. According to its press release, S&P has provided its 'AAA/A-1+' long- and short-term issuer credit ratings to AIIB.Fitch Ratings ("Fitch") announced it has assigned the Asian Infrastructure Investment Bank (AIIB) its highest possible rating and a stable outlook. According to its press release, Fitch has provided AIIB with a long-term issuer default rating of ‘AAA’ and a short-term issuer default rating of ‘F1+’.Yesterday, the Board of Directors of the Asian Infrastructure Investment Bank (AIIB) approved a loan of US$329 million to build access roads to approximately 4,000 villages in all 33 districts of Gujarat, India. Insufficient road connectivity into these villages limits their ability to access healthcare services, bring their goods to market and access transportation for their children to attend school. This project will construct and upgrade district and farm-to-market roads for the villagers and provide approaches to educational institutions, schools and hospitals. The upgraded road access is expected to have a positive impact on women and girls by improving school attendance rates for girls who currently drop out of school due to a lack of access to all weather roads.Moody’s Investors Service ("Moody’s") announced it has assigned the Asian Infrastructure Investment Bank (AIIB) its highest possible rating and a stable outlook. According to its press release, Moody’s has provided the Bank with a long-term issuer rating of Aaa and a short-term issuer rating of Prime-1.Jin Liqun, President of the Asian Infrastructure Investment Bank (AIIB) and Dimitry Kumsishvili, First Vice Prime Minister and Minister of Finance of Republic of Georgia, signed a loan agreement during the second annual meeting of Board of Governors for a US$114 million loan for the construction of approximately 14.3 kilometer modern highway bypassing Batumi port city on the Black Sea coast.Today, the Board of Governors of the Asian Infrastructure Investment Bank (AIIB) announced that the Bank’s third Annual Meeting of the Board of Governors will be held in Mumbai, India in June 2018.Today, the Asian Infrastructure Investment Bank (AIIB) announced that its Board of Governors has adopted resolutions approving three applicants to join the Bank, bringing the Bank’s total approved membership to 80. This round of approved applicants includes one regional and two non-regional prospective members.Your Excellencies, the President of the Republic of Korea; the Deputy Prime Minister and Minister for Strategy and Finance; Distinguished Governors and Members of the Board of Directors; Honored Guests; Ladies and Gentlemen.The Board of Directors of the Asian Infrastructure Investment Bank (AIIB) yesterday expressed its support for the Bank’s Sustainable Energy for Asia Strategy to help its members transition toward a low-carbon future. The strategy sets out a clear framework for the Bank to invest in energy projects that will increase access to clean, safe and reliable electricity for millions of people in Asia. To implement the strategy, the Bank will support its members to do their part as expressed in the Paris Agreement to, "hold the increase in the global average temperature to well below 2 degrees Celsius above pre industrial levels and pursue efforts to limit the temperature increase to 1.5 degrees Celsius". It will achieve this by aligning its support with its members’ national energy investment plans, including their nationally determined contributions (NDC) under the Paris Agreement. Currently over one billion people across Asia do not have access to secure and clean electricity to run their homes and businesses. By improving the reliability, reach and efficiency of energy in the region, millions of people will benefit from a higher standard of living and better health.Today, the Board of Directors of the Asian Infrastructure Investment Bank (AIIB) approved two loans and one equity investment totaling US$324 million to support infrastructure projects in India, Georgia and Tajikistan. These approvals include the Bank’s first equity investment of US$150 million, which will help to attract much needed private investment capital for infrastructure projects in India. Catalyzing private capital is broadly acknowledged as a critical component to addressing the infrastructure gap in Asia. These investments align with the Bank’s priorities to support sustainable infrastructure, improve cross-border connectivity and mobilize private capital.The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank that focuses on the development of infrastructure and interconnectivity in Asia. It is based in Beijing and complements and cooperates with the existing multilateral development banks (MDBs).The Asian Infrastructure Investment Bank (AIIB) has awarded a global custodian mandate to BNP Paribas Securities Services as the new, Beijing based bank seeks to put in place its internal financial infrastructures for its liquidity investments. BNP Paribas is expected to have global custody of up to USD 20 billion of AIIB assets and will be providing a suite of custody services, with the agreement covering master custody services and other value-added services.Asian Infrastructure Investment Bank (AIIB) President Jin Liqun, Inter-American Development Bank (IDB) President Luis Alberto Moreno, and Inter-American Investment Corporation (IIC) Chief Executive Officer James P. Scriven today signed a memorandum of understanding to provide an overall framework for strengthening cooperation between AIIB and the IDB Group in areas of common interest, such as knowledge exchange, policy coordination, and the co-financing of infrastructure projects in their respective member countries.Today, the Asian Infrastructure Investment Bank (AIIB) announced that its Board of Governors has adopted resolutions approving seven applicants to join the Bank, bringing the Bank’s total approved membership to 77. This round of approved applicants includes three regional and four non-regional prospective members.The Board of Directors of the Asian Infrastructure Investment Bank (AIIB) approved a loan of US$160 million in support of the Andhra Pradesh – 24x7 Power for All project in the Republic of India with the objective to strengthen the power transmission and distribution system in the State of Andhra Pradesh.The Asian Infrastructure Investment Bank announced today that Mr. Jan Engström and Mr. Chaly Mah have been appointed by President Jin Liqun as external members of the Audit Committee of the Board of Directors. The innovative combination of the board directors and the external members as members of the Audit Committee is designed to enhance good governance and accountability within the Bank.The Asian Infrastructure Investment Bank announced today that its independent Compliance, Effectiveness and Integrity Unit (CEIU) is inviting the public to submit recommendations on the design of the AIIB Complaints Handling Mechanism.World Bank Group President Jim Yong Kim and Asian Infrastructure Investment Bank President Jin Liqun today signed a memorandum of understanding to strengthen cooperation and knowledge sharing between the institutions.Leaders of the top multilateral development banks (MDBs) have agreed to deepen their collaboration to encourage private sector investment in vital infrastructure needed to support sustainable and inclusive economic growth throughout the world.The Asian Infrastructure Investment Bank (AIIB) announced today that Professor Ngaire Woods of the Blavatnik School of Government at the University of Oxford has been appointed by President Jin Liqun as a member of the Bank’s International Advisory Panel (IAP).Today, Sir Danny Alexander, Vice President and Corporate Secretary of the Asian Infrastructure Investment Bank (AIIB) and Mr. Paulo Nogueira Batista Jr., Vice President and Chief Risk Officer of the New Development Bank (NDB) signed a Memorandum of Understanding (MoU) on the sidelines of the NDB Second Annual Meeting in New Delhi, India.The Board of Directors of the Asian Infrastructure Investment Bank (AIIB) recently approved three loans totaling US$285 million, bringing the bank’s total lending to over US$2 billion, in support of its members as they seek to improve the socio-economic living conditions of their citizens.Today, the Asian Infrastructure Investment Bank (AIIB) announced that its Board of Governors has adopted resolutions approving 13 applicants to join the Bank, bringing the Bank’s total approved membership to 70. This is the first time AIIB has welcomed new prospective members to the Bank since its inception. The approved applicants include five regional and eight non-regional prospective members.The Asian Infrastructure Investment Bank (AIIB) has taken another step towards solidifying its anti-corruption policies by voluntarily adopting the list of sanctioned firms and individuals under the Agreement for Mutual Enforcement of Debarment Decisions (AMEDD), effective March 1, 2017.The Asian Infrastructure Investment Bank (AIIB/the Bank) and the Republic of Korea (ROK) today signed a Memorandum of Understanding (MOU) finalizing arrangements for the organization of the 2017 AIIB Annual Meeting. This year’s meeting is being co-hosted by the Bank and the Government of the Republic of Korea, and will be held on June 16-18, 2017, in Jeju Island in the Republic of Korea.The Asian Infrastructure Investment Bank (AIIB) and IFC, a member of the World Bank Group, have signed an International Swaps and Derivatives Association (ISDA) Master Agreement to enhance their capacity to make investments in emerging-markets projects, especially in Asia’s infrastructure sector. It is the first financial collaboration agreement between the two development finance institutions, demonstrating innovative ways to scale up development finance through capital market solutions.Speaking to audiences in the UK and Ireland, President Jin shared AIIB’s perspective on the important role strong governance and transparency play in the operations of the bank.The Asian Infrastructure Investment Bank (AIIB) has today begun a final round of public consultations on its energy sector strategy. Interested parties are invited to view the draft strategy published today and submit comments by March 6, 2017.BEIJING, CHINA – (January 16, 2017) – Building on the momentum from its inaugural year, the Asian Infrastructure Investment Bank has launched its 2017 strategic priorities, focusing on sustainable infrastructure, cross country connectivity and the mobilization of private capital. Guided by these themes, the bank will leverage its relationships with other multilateral development banks and private financiers to meet Asia’s growing infrastructure demands and contribute to social and economic growth in the region.January 16, 2017 – AIIB President, Jin Liqun, visited Gujarat, India from January 10-11, 2017 to meet with Prime Minister Mr. Narendra Modi, Finance Minister Mr. Arun Jaitley and the Chief Minister of Gujarat, Mr. Vijay Rupani. He also delivered remarks at the Inauguration of the Vibrant Gujarat Global Summit 2017, and addressed students at the Pandit Deendayal Petroleum University (PDPU).The AIIB Project Preparation Special Fund (the Fund) was established as a multi-donor fund on June 2016, with initial financial support from the People’s Republic of China in the amount of USD 50 million. The Bank has received the first installment payment.The Board of Directors of the Asian Infrastructure Investment Bank (the Bank) today approved a loan of US$600 million, the largest so far, for the construction of a natural gas pipeline from Azerbaijan through Turkey.Beijing, December 15, 2016 – AIIB President Jin Liqun visited the Philippines on December 12-14, 2016.Beijing, December 9, 2016 - The Asian Infrastructure Investment Bank(the Bank)’s Board of Directors has approved two loans totaling US$301 million to finance two transport sector projects in the Sultanate of Oman, the Bank’s first in the Arabian Peninsula.AIIB President Jin Liqun visited the Netherlands and Austria from November 17 to 22, 2016.During his two-day visit, Mr. Jin met with Aung San Suu Kyi, State Counsellor and Union Minister for Foreign Affairs, Phyo Min Thein, Chief Minister of Yangon Region, Kyaw Kyaw Maung, Governor of the Central Bank of Myanmar, and Maung Maung Win, Deputy Minister for Planning and Finance.Beijing, October 19, 2016 – The first meeting of the Asian Infrastructure Investment Bank’s International Advisory Panel was held on October 19, 2016, in Beijing. The Panel provides impartial, objective and independent advice to the President, allowing the Bank to benefit from the international experience and expertise of Panel members. At the meeting, the Panel discussed the global economic situation and its implications for the Bank’s operations, the need to promote green infrastructure in the new global agenda and the importance of increasing private sector involvement in infrastructure in the region.Statement by the Heads of the African Development Bank, the Asian Development Bank, the Asian Infrastructure Investment Bank, the European Bank for Reconstruction and Development, the European Investment Bank, the Inter-American Development Bank Group, the International Finance Corporation, the Islamic Development Bank, the New Development Bank, the World Bank, and the International Monetary FundBeijing, October 17, 2016 - The Asian Infrastructure Investment Bank (AIIB) has launched the first stage of its Energy Strategy public consultation on Oct 14, 2016. The Issues Note on “AIIB Energy Strategy: Sustainable Energy for Asia” has been posted on AIIB’s website for a 29-day public comment period.AIIB’s Board of Directors Approves Loans to Finance Energy Projects in Pakistan and MyanmarBEIJING, 23 September 2016 – Officials of the Asian Infrastructure Investment Bank (the Bank), Chinese Ministry of Finance and Beijing Municipal Government today held the groundbreaking ceremony for the Bank’s permanent headquarters in Beijing. The headquarters will be located in the north of Beijing, between the Olympic Forest Park and the iconic Bird’s Nest Stadium. Construction is expected to be completed by the end of 2019.Beijing,September 15, 2016 – AIIB President Jin visited Iceland, Sweden and Norway from September 8 to 14, 2016.BEIJING, 16 September 2016 – The Asian Infrastructure Investment Bank (the Bank) today announced that Mr. Thierry de Longuemar, upon the nomination of the President, has been appointed by the Board of Directors to the role of Vice President, Chief Financial Officer. Mr. Thierry de Longuemar will assume office on September 29 2016.Beijing, August 31, 2016 – AIIB President Jin Liqun met with Canadian Finance Minister Bill Morneau at AIIB's headquarters to discuss collaboration between AIIB and Canada. President Jin welcomed Canada’s decision to apply for membership in AIIB.In August 2015, the AIIB Preparations Management Co. Ltd (Multilateral Interim Secretariat for Establishing the Asian Infrastructure Investment Bank) issued a notice on its website stating unequivocally that it had never granted any authorization to any legal person, organization or individual to design, coin or sell commemorative coins and/or similar souvenirs in the name of the Asian Infrastructure Investment Bank (AIIB).President’s Opening Statement 2016 Annual Meeting of the Board of Governors Asian Infrastructure Investment BankPresident’s Report to the Board of Governors -2016 Annual Meeting of the Board of Governors Asian Infrastructure Investment BankBeijing, June 25, 2016 – The Board of Governors of the Asian Infrastructure Investment Bank (the Bank) convened in Beijing on June 25, 2016 for the Bank’s first Annual Meeting. The Governors representing the Bank’s 46 Founding Members took stock of the progress that the Bank has made since opening its doors on January 16, 2016. Representatives from Signatories of the Bank’s Articles of Agreement that are not yet members, as well as observers from partner institutions and observers from potential new members also attended.Beijing, June 25, 2016. AIIB President Jin Liqun and Chinese Vice Minister of Finance Shi Yaobin signed a Contribution Agreement today in Beijing on China’s $50 million contribution to the newly established AIIB Project Preparation Special Fund (the Fund). The Bank’s Board of Directors approved the Rules and Regulations for the Fund during its quarterly meeting on June 24, 2016. The Fund will support Bank members in preparing sound project proposals. China’s contribution, the first to the Fund, will allow it to be operational in the fall of 2016.AIIB's Board of Directors Approves $509 M Financing for its First 4 Projects: Power, Transport and Urban: Investments span South, Southeast and Central AsiaBEIJING, June 13, 2016 – The Asian Infrastructure Investment Bank (the Bank) today announced the following senior staff appointments:Ulaanbaatar, Mongolia, June 10, 2016 – AIIB President Jin Liqun met with Mongolian President Mr. Elbegdorj Tsakhia, Prime Minister Saikhanbileg Chimed, Finance Minister Bolor Bayarbaatar and other senior officials during his three-day visit to Mongolia.Beijing, May 30, 2016 - The Asian Infrastructure Investment Bank and the European Investment Bank today agreed to broaden cooperation to support investment in strategically important projects, seek to jointly finance projects and increase cooperation in countries where both institutions are active.The 1st Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank will be held in Beijing on June 25-26, 2016.The 1st Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank will be held in Beijing on June 25-26, 2016.The 1st Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank will be held in Beijing on June 25-26, 2016.The 1st Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank will be held in Beijing on June 25-26, 2016.Asian Infrastructure Investment Bank (AIIB) President Jin Liqun and Asian Development Bank (ADB) President Takehiko Nakao signed a memorandum of understanding (MOU) here today on the sidelines of ADB’s 49th Annual Meeting of the Board of Governors.Asian Infrastructure Investment Bank President Jin Liqun and World Bank Group President Jim Yong Kim today signed the first co-financing framework agreement between the two institutions.The Asian Infrastructure Investment Bank (the Bank) today announced the appointment of Mr. Hamid Sharif as the first Director General of the Compliance, Effectiveness and Integrity (CEI) Unit. The position reports to the Bank's Board of Directors. The CEI Unit's mandate includes monitoring and evaluating the Bank’s portfolio, ensuring policy compliance, and overseeing internal and external grievance procedures.2016 - AIIB President Jin Liqun visited Finland and Denmark from 29 February to 3 March, 2016.The Asian Infrastructure Investment Bank (AIIB) has today announced the following appointments:The Articles of Agreement of the Asian Infrastructure Investment Bank, dated June 29, 2015, entered into force on December 25, 2015.It is a tremendous privilege and honor to be elected the first President of the Asian Infrastructure Investment Bank.The inaugural meeting of the Asian Infrastructure Investment Bank’s Board of Directors was convened in Beijing on January 17, 2016. The Board of Directors is made up of 12 Directors, of which 9 Directors represent regional members and the others non-regional members. Mr. Jin Liqun, President of the AIIB, chaired the meeting.The inaugural meeting of the Asian Infrastructure Investment Bank’s Board of Governors was held in Beijing on January 16-17, 2016. 30 Governors, representing over 74 percent of the AIIB’s allocated capital, participated. They were joined by observers from the 27 signatories to the Bank’s Articles that are still completing the membership process.The Articles of Agreement of the Asian Infrastructure Investment Bank, dated June 29, 2015, entered into force on December 25, 2015.The Board of Governors of the Asian Infrastructure Investment Bank (AIIB) convened its inaugural meeting today, declaring the Bank open for business and electing Mr. Jin Liqun as President for a five year term.Mr. Jin Liqun visited New Delhi from January 11-12, 2016, where he met with India Prime Minister Narendra Modi, Finance Minister Arun Jaitley, Secretary of Economic Affairs Shaktikanta Das and other government leaderMr. Jin Liqun visited Dhaka from 15-16 November, where he met with Bangladesh Prime Minister Sheikh Hasina. During his visit Mr. Jin also met with Finance Minister Abul Maal A. Muhith, Minister for Railways Md. Mazibul Hoque and the State Minister for Power, Energy and Mineral Resources Nasrul Hamid. Mr. Jin also delivered a speech at the 2015 Bangladesh Development Forum.Mr. Jin Liqun visited London from 8-10 November, where he met with UK Prime Minister David Cameron, Chancellor of the Exchequer George Osborne, and President of the European Bank of Reconstruction and Development, Sir Suma Chakrabarti. Mr. Jin also took part in the Boao Forum for Asia’s inaugural European conference and briefed UK financial services firms on recent progress on establishing the AIIB.Mr. Jin Liqun, President-designate of the AIIB, visited Paris between 5-6 November, where he met with Finance Minister Sapin, Foreign Minister Fabius and other French government and industry leaders. Mr. Jin also held discussions on future cooperation with OECD Secretary-General Gurria and Mr. Erik Solheim, Chairman of the OECD’s Development Assistance Committee.Mr Jin Liqun, President-designate of the Asian Infrastructure Investment Bank (AIIB), met with President Joko Widodo of Indonesia on 4 November 2015.The 8th Chief Negotiators’ Meeting on the Establishment of the Asian Infrastructure Investment Bank (AIIB) was held on November 3-4, 2015 in Jakarta, Indonesia.AIIB President-designate Jin Liqun met with World Bank President Jim Kim and his senior management team in Washington DC this week to discuss project cofinancing and deepened institutional cooperation.Mr. Jin Liqun, President-designate of the Asian Infrastructure Investment Bank (AIIB), met with Dr. Wolfgang Schäuble, Germany’s Federal Minister of Finance, in Berlin on Wednesday 30 September.The 7th Chief Negotiators' Meeting on the Establishment of the Asian Infrastructure Investment Bank (AIIB) was held on September 28-29, 2015 in Frankfurt, Germany.Secretary General Jin Liqun and Asian Development Bank (ADB) President Takehiko Nakao agreed to deepen cooperation, including identifying projects for cofinancing, in a Meeting on 21 September in Beijing.Mr Jin Liqun, President-designate of the Asian Infrastructure Investment Bank, met with President Park Geun-hye of the Republic of Korea on September 9, 2015.Mr. Jin Liqun, President-designate of the Asian Infrastructure Investment Bank (AIIB), will visit Korea on 8-9 September at the invitation of the Government of Republic of Korea.It is my great honor and privilege to be selected as the President-designate of the Asian Infrastructure Investment Bank (AIIB).Mr. Jin Liqun was selected by consensus as President–designate of the Asian Infrastructure Investment Bank (AIIB) at the 6th Meeting of Chief Negotiators representing the Bank's 57 Prospective Founding Members in Tbilisi, Georgia on August 24, 2015. The Meeting was co-chaired by Chinese Vice Minister of Finance Shi Yaobin and Georgian Deputy Minister of Finance David Lezhava.Secretary General Jin Liqun met with World Bank President Jim Kim in Beijing on 16 July, where they agreed to continue and deepen their cooperation.Representatives from 57 Prospective Founding Members (PFMs) of the Asian Infrastructure Investment Bank (AIIB) gathered on June 29, 2015 in Beijing at a Signing Ceremony of the Bank's Articles of Agreement at the Great Hall of the People.Special Ministerial Meeting, chaired by Chinese Minister of Finance Lou Jiwei, was held on June 29, 2015, following the Signing Ceremony of the Articles of Agreement of the Asian Infrastructure Investment Bank (AIIB).Mr Jin Liqun, President-designate of the Asian Infrastructure Investment Bank, met with Prime Minister Nawaz Sharif of Pakistan on October 7, 2015. During his visit to Islamabad, Pakistan, Mr. Jin also met with Finance Minister Ishaq Dar and a wide range of government leaders.The 5th Chief Negotiators' Meeting on Establishing the Asian Infrastructure Investment Bank (AIIB) was held on May 20-22, 2015 in Singapore.