SUBSCRIBERS

China, India likely to be biggest shareholders in AIIB

The bank says it expects to be operational by year end, but some delegates are sceptical

Published Fri, May 22, 2015 · 09:50 PM

Singapore

CHINA is likely to hold a 25-30 per cent stake in the new Asian Infrastructure Investment Bank (AIIB), while India will be the second-biggest shareholder, delegates said on Friday after a three-day meeting of the bank's founding member-nations.

AIIB said in a statement that it expected to be operational by the end of the year. It said that the meeting in Singapore finalised the articles of agreement, which are expected to be ready for signing by …

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes

International

Discussion on EU-Asean FTA has shifted towards cooperation in specific areas: DPM Heng
US core capital goods orders rise moderately in March
Chinese tourists are again embracing international travel
Abu Dhabi raises US$5 billion with first eurobonds in three years
Thailand’s 500 billion baht handout aims to boost overall economy, not geared to poor: official
German business sentiment rises more than expected in April: Ifo

International

International

China, India likely to be biggest shareholders in AIIB

International

Discussion on EU-Asean FTA has shifted towards cooperation in specific areas: DPM Heng

US core capital goods orders rise moderately in March

Chinese tourists are again embracing international travel

Abu Dhabi raises US$5 billion with first eurobonds in three years

Thailand’s 500 billion baht handout aims to boost overall economy, not geared to poor: official

German business sentiment rises more than expected in April: Ifo

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

SECTIONS

LIFESTYLE

Follow BT