COVID-19 Emergency Assistance - New Development Bank

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NDB Board Statement on COVID-19

“The Board of Governors welcomes the NDB contribution to the ongoing efforts of BRICS countries to address the health and economic consequences of the outbreak.”

“The New Development Bank targets providing up to USD 10 billion in crisis-related assistance, including support for member countries’ economic recovery.”

Key Announcements

NDB Board of Directors approves RMB 7 billion Emergency Program Loan for Supporting China’s Economic Recovery from COVID-19

NDB Board of Directors approved COVID-19 Emergency Program Loans to India and Brazil for Supporting Economic Recovery

NDB prices USD 2 billion benchmark bond to further support COVID emergency response

NDB approves USD 1 billion COVID-19 Emergency Program Loan to Brazil

NDB Board of Directors approves USD 1 billion COVID-19 Emergency Program Loan to South Africa

NDB prices inaugural USD 1.5 billion 3-year COVID Response Bond in international capital markets

NDB fully disbursed Emergency Assistance Program Loan to India to fight COVID-19 outbreak

NDB Board of Directors approves RMB 7 billion Emergency Assistance Program Loan to China to fight COVID-19 outbreak

NDB Board of Directors approved USD 1 billion equivalent COVID-19 Emergency Program Loan to Russia for supporting frontline health workers

NDB Board of Directors approves USD 1 billion COVID-19 Emergency Program Loan to South Africa for Supporting Economic Recovery from COVID-19

COVID-19 Economic Recovery Loans

COVID-19 Emergency Assistance

Brazil

Emergency Program for Supporting Brazil’s Economic Recovery from COVID-19

Sovereign

7 December 2020

COVID-19 Emergency Assistance

India

Emergency Program for Supporting India’s Economic Recovery from COVID-19

Sovereign

11 December 2020

COVID-19 Emergency Assistance

China

Emergency Program for Supporting China’s Economic Recovery from COVID-19

Sovereign

26 February 2021

COVID-19 Emergency Assistance

South Africa

Emergency Program for Supporting South Africa’s Economic Recovery from COVID-19

Sovereign

2 April 2021

COVID-19 Emergency Response Loans

COVID-19 Emergency Assistance

China

NDB Emergency Assistance Program in Combating COVID-19

Sovereign

19 March 2020

COVID-19 Emergency Assistance

India

Emergency Program for Supporting India’s Response to COVID-19

Sovereign

30 April 2020

COVID-19 Emergency Assistance

South Africa

Emergency Program for Supporting South Africa’s Response to COVID-19

Sovereign

19 June 2020

COVID-19 Emergency Assistance

Brazil

Emergency Program for Supporting Brazil’s Response to COVID-19

Sovereign

20 July 2020

COVID-19 Emergency Assistance

Russia

Emergency Program for Supporting Russia’s Response to COVID-19

Sovereign

25 March 2021

New Development Bank Policy on Fast-track Emergency Response to COVID-19