Asian bank

China-backed AIIB sets target to be operational by year-end

AIIB said in a statement that the meeting finalised the articles of agreement, which are expected to be ready for signing by the end of June, but did not give details.

May 22, 2015, 13:22 PM IST

China, India likely to be largest shareholders of AIIB: Sources

China will likely take a 25-30 percent stake in the Asian Infrastructure Investment Bank (AIIB) and India share will be likely between 10 to 15 percent.

May 22, 2015, 10:09 AM IST

China, India, Russia to be top 3 shareholders of AIIB: Expert

China will be the largest shareholder in the newly floated Asia Infrastructure Investment Bank (AIIB) with a 30.85 percent stake followed by India and Russia, Chinese officials have said.

May 21, 2015, 18:35 PM IST

Japan denies plan to join China-led development bank

Japan on Tuesday ruled out any immediate plan to join the Beijing-backed Asian Infrastructure Investment Bank (AIIB), categorically denying a news report that its ambassador to China said Tokyo is likely to take part.

Mar 31, 2015, 11:21 AM IST