About Us

Building
Sustainable
Future

The NEW DEVELOPMENT BANK

International organization jointly founded by the BRICS Countries

Federative Republic of Brazil
Russian Federation
Republic of India
People’s Republic of China
Republic of South Africa

The five founding members of the Bank are home to more than 40% of the world population.

Bank’s Articles of Agreement specify that all members of the United Nations could be members of the bank, however the share of the BRICS nations can never be less than 55% of voting power.

Countries by Shareholding at the New Development Bank
Country Number of Shares Share Holding
(% of Total)
Voting Rights
(% of Total)
BRAZIL 100,000 20 20
RUSSIA 100,000 20 20
INDIA 100,000 20 20
CHINA 100,000 20 20
SOUTH AFRICA 100,000 20 20
UNALLOCATED SHARES 500,000
GRAND TOTAL 1000,000 100 100

Shares Distribution and Voting Powers
Shares Distribution and Voting Powers