Germany to be fourth-biggest shareholder in AIIB: Document
Germany plans to take a 4.1 percent stake in the new China-led Asian Infrastructure Investment Bank (AIIB), making it the fourth-biggest member, according to a finance ministry draft document seen by Reuters on Tuesday.
Jun 09, 2015, 23:37 PM IST
China to have 'veto power' over AIIB: Report
China will ultimately have "veto power" over major decisions of the new Beijing-led Asian Infrastructure Investment Bank, the Wall Street Journal reported Tuesday.
Jun 09, 2015, 23:23 PM IST
India likely to become Vice President of China floated AIIB
Chief negotiators of the countries would hold a key meeting next week to begin consultations to finalise the format of the AIIB's functioning, including the voting share.
Apr 22, 2015, 17:26 PM IST
US ready to accept China-led infrastructure bank: US Treasury Secretary
China and 20 other countries signed a memorandum of understanding to establish the Beijing-headquartered bank in October.
Apr 01, 2015, 10:25 AM IST
Beijing says Denmark applies to join China-backed AIIB investment bank
The Ministry of Finance said that Denmark has written to China to "announce its intention to apply to be a founding member" of the AIIB.
Mar 29, 2015, 12:56 PM IST
France, Germany, Italy sign up for China-led AIIB bank
The three European countries followed suit days after the UK became the first Western nation to join the bank disregarding reservations expressed by the US which raised concerns over its transparency.
Mar 17, 2015, 19:18 PM IST
France, Germany, Italy to join China-led infrastructure bank: Paris
The $50 billion Asian Infrastructure Investment Bank (AIIB) has been feted by Beijing as a way of financing regional development, and is seen as a potential rival to US-based institutions such as the World Bank.
Mar 17, 2015, 18:06 PM IST
