About Us
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
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.
Shareholding at the New Development Bank
| Country | Shares Subscribed (number) | Exercisable votes (number)* |
|---|---|---|
| BRAZIL |
100,000 | 91,669 |
| RUSSIA |
100,000 | 100,000 |
| INDIA |
100,000 | 100,000 |
| CHINA |
100,000 | 100,000 |
| SOUTH AFRICA |
100,000 | 100,000 |
* Exercisable votes reflect status of paid-in capital received as of June 15, 2021.