6.02.2015

57 Founding Members of China-led Bank -- Asian Infrastructure Investment Bank (AIIB)

By Nora
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

The United States and Japan have not applied to join AIIB. Taiwan is not among the founding members, but it is expected to be a member later on.

All the 10 members of the Association of Southeast Asian Nations (ASEAN) are founding members.
The 10 ASEAN members are:

1   Brunei Darussalam
2   Cambodia
3   Indonesia
4   Lao PDR
5   Malaysia
6   Myanmar
7   Philippines
8   Singapore
9   Thailand
10  Vietnam

AIIB Headquarters:

The 8th Floor, North Tower, Financial Street Center, 9 
Financial Street, Xicheng District, Beijing, China

Website: aiibank.org

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