Asian Infrastructure Investment Bank (AIIB)
The AIIB is a China-led multilateral development bank headquartered in Beijing, established in 2016 to finance infrastructure in Asia and beyond, seen as a parallel institution to the Asian Development Bank (ADB, dominated by Japan and the US).
- India is a founding member of the AIIB and its second-largest shareholder by voting power, as well as its largest borrower among member states
- Unlike the NDB's equal-voting model, the AIIB allocates voting shares broadly in proportion to members' capital subscriptions, with China holding the largest single share
- The AIIB has funded Indian projects in urban infrastructure, renewable energy and transport, operating alongside (not in place of) World Bank and ADB financing
- Both AIIB and NDB are frequently cited in GS3 answers on "reform of global financial architecture" and the shift toward a multipolar system of development finance
● Tracked since March 02, 2026 · last seen September 02, 2026 · updates as the daily brief publishes
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