BRICS bank okays first loans

Last Modified: Sun Apr 17 2016 21:51:19 GMT+0530 (India Standard Time)
  • $811 million
    Amount of the first loans approved by the newly formed The New Development Bank for renewable energy projects in Brazil, China, India and South Africa. The split among these countries is:
  • $300 million
    Brazil
  • $81 million
    China
  • $250 million
    India
  • $180 million
    South Africa