The China-led bank Asian Infrastructure Investment Bank (AIIB) is a regional development bank that will help finance infrastructure development and improvement in Asia.
AIIB is seen by many as a competitor to the United States-headquartered World Bank and the Japan- and U.S.-led Asia Development Bank (ADB).
The AIIB will be headquartered in Beijing, China.
The 57 founding members of AIIB are the following:
1 Australia
2 Austria
3 Azerbaijan
4 Bangladesh
5 Brazil
6 Brunei
7 Cambodia
8 China
9 Denmark
10 Egypt
11 Finland
12 France
13 Georgia
14 Germany
15 Iceland
16 India
17 Indonesia
18 Iran
19 Israel
20 Italy
21 Jordan
22 Kazakhstan
23 Kuwait
24 Kyrgyzstan
25 Lao People’s Democratic Republic (PDR) or Laos
26 Luxembourg
27 Malaysia
28 Maldives
29 Malta
30 Mongolia
31 Myanmar
32 Nepal
33 Netherlands
34 New Zealand
35 Norway
36 Oman
37 Pakistan
38 Philippines
39 Poland
40 Portugal
41 Qatar
42 Republic of Korea
43 Russia
44 Saudi Arabia
45 Singapore
46 South Africa
47 Spain
48 Sri Lanka
49 Sweden
50 Switzerland
51 Tajikistan
52 Thailand
53 Turkey
54 United Arab Emirates (UAE)
55 United Kingdom
56 Uzbekistan
57 Vietnam