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AIIB mulling faster loan approval process: officials
New lender plans to forgo an on-site executive board, marking out a contrast with institutions such as the ADB
Published Tue, May 19, 2015 · 09:50 PM
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Mumbai
THE new China-led Asian infrastructure bank is considering giving senior staff more power over loan approval than at existing multilateral lenders to speed up the decision process, officials familiar with the talks said.
Under proposals to be discussed this week in Singapore, the board of directors, which repr…
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