Asian Infrastructure Investment Bank

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Asian Infrastructure Investment Bank

Abbreviation AIIB

Formation 16 January 2016 (Open for business)

25 December 2015 (Entry into force Articles of

Agreement)

Type Regional Investment Bank

Legal status Treaty

Purpose Crediting

Headquarters Beijing, China

Region served Asia and Oceania

Membership 102 Members[1]

Official language English[2]

Key people Jin Liqun[3] (President)

Main organ  Board of Governors

  Board of Directors

Website www.aiib.org

Asian Infrastructure Investment Bank

Simplified Chinese 亚洲基础设施投资银行

Traditional Chinese 亞洲基礎設施投資銀行

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Alternative Chinese name

Simplified Chinese 亚投行

Traditional Chinese 亞投行

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 Central Foreign Affairs Commission

Director: Xi Jinping

Deputy Director: Li Keqiang

Secretary-General: Yang Jiechi

 Ministry of Foreign Affairs

Minister: Wang Yi (State Councilor)

 Spokespersons

Diplomatic missions

 Diplomatic missions of China / in China

 Foreign aid from China / to China

 International Development Cooperation Agency

 Ministry of Commerce

 Exim Bank of China

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o Silk Road Fund

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The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank that aims to support the building of
infrastructure in the Indo-Pacific region. The bank currently has 78 members as well as 24 prospective members from
around the world.[1] The bank started operation after the agreement entered into force on 25 December 2015, after
ratifications were received from 10 member states holding a total number of 50% of the initial subscriptions of the Authorized
Capital Stock.[4]
The United Nations has addressed the launch of AIIB as having potential for "scaling up financing for sustainable
development"[5] and to improve the global economic governance. [6] The starting capital of the bank was $100 billion,
equivalent to 2⁄3 of the capital of the Asian Development Bank and about half that of the World Bank.[7]
The bank was proposed by China in 2013[8] and the initiative was launched at a ceremony in Beijing in October 2014. [9] It
received the highest credit ratings from the three biggest rating agencies in the world, and is seen as a potential rival to
the World Bank and IMF.[10][11]

Contents

 1History
o 1.1AIIB within PRC policy thinking
 1.1.1Fostering long-term economic development
 1.1.2Infrastructure as regional integration and foreign policy tool
 2Legal basis and membership
o 2.1Members
 2.1.1Dependent territories
o 2.2Non-members
 3Shareholding structure
 4Governance
 5Reception
o 5.1Geopolitical implication in Asia and beyond
o 5.2Environmental record
 6Comparison with ADB and IBRD
 7Lending results
o 7.12016
o 7.22017
o 7.32018
o 7.42019
 8See also
 9Notes
 10References
 11External links