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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.”

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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
Brazil
Emergency Program for Supporting Brazil’s Economic Recovery from COVID-19
Sovereign
7 December 2020
COVID-19 Emergency Assistance
India
India
Emergency Program for Supporting India’s Economic Recovery from COVID-19
Sovereign
11 December 2020
COVID-19 Emergency Assistance
China
China
Emergency Program for Supporting China’s Economic Recovery from COVID-19
Sovereign
26 February 2021
COVID-19 Emergency Assistance
South Africa
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
China
Emergency Program for Supporting China’s Response to COVID-19
Sovereign
19 March 2020
COVID-19 Emergency Assistance
India
India
Emergency Program for Supporting India’s Response to COVID-19
Sovereign
30 April 2020
COVID-19 Emergency Assistance
South Africa
South Africa
Emergency Program for Supporting South Africa’s Response to COVID-19
Sovereign
19 June 2020
COVID-19 Emergency Assistance
Brazil
Brazil
Emergency Program for Supporting Brazil’s Response to COVID-19
Sovereign
20 July 2020
COVID-19 Emergency Assistance
Russia
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

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