AIIB Poised to Meet Loan Targets
2016-06-26 09:25:32 source：Global Times
June 25, 2016
"Just six months after its launch, the Asia Infrastructure Investment Bank (AIIB) has made some progress in its lending business as well as its corporate structure, the bank's president said on Saturday.
The bank is poised to meet its lending target in the $0.5 billion ($500 million) to $1.2 billion range, and may exceed this target, Jin Liqun told the Board of Governors (BOG) of the AIIB on Saturday.
The bank's board approved on Friday $509 million in financing for its first four projects including those in power, transport and urban investments for South, Southeast and Central Asia, according to an e-mail sent by the AIIB to the Global Times Friday night."
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