General Info
The New Development Bank (formerly BRICS Development Bank), is a multilateral development bank established by the BRICS states.
Location: Shanghai
Country:
Industries:
Investment Regions: LATAM, MENA
Investment Stages:
Website: http://www.ndb.int/
LATAM, MENA
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🤖 AI Activity Report
Status: active
AI Reasoning: I found a confirmed New Development Bank lending activity: on April 1, 2025 the NDB Board approved a loan of up to USD 25 million to City Bank PLC for the City Bank Sustainable Infrastructure Project. The startup/recipient involved is City Bank PLC. From April 1, 2025 to the reference point used to calculate recency is approximately 7 months. This places the last known investment within the 6-to-12-month window.
Here are the thresholds established for the different statuses:
Not Active – No known investments in the last 12 months.
Low Activity – Only known investments between the last 12 and 6 months.
Active – Known investments between the last 6 and 3 months.
Very Active – Known investments in the last 3 months.
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