{"id":9048,"date":"2026-05-25T12:41:29","date_gmt":"2026-05-25T07:11:29","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=9048"},"modified":"2026-05-25T14:01:48","modified_gmt":"2026-05-25T08:31:48","slug":"asian-infrastructure-investment-bank-aiib","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/asian-infrastructure-investment-bank-aiib\/","title":{"rendered":"Asian Infrastructure Investment Bank"},"content":{"rendered":"<h2><b>Asian Infrastructure Investment Bank Latest News<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Recently, the Asian Infrastructure Investment Bank (AIIB) has launched a $10 billion fund facility to support member countries affected by ongoing Middle East conflict.<\/span><\/p>\n<h2><b>About Asian Infrastructure Investment Bank<\/b><\/h2>\n<ul>\n<li><span style=\"font-weight: 400;\">It is a <\/span><b>multilateral development bank<\/b><span style=\"font-weight: 400;\"> established in <\/span><b>2016.<\/b><\/li>\n<li><b>Objective:<\/b><span style=\"font-weight: 400;\"> It focuses on promoting <\/span><b>sustainable economic growth<\/b><span style=\"font-weight: 400;\">, enhancing regional connectivity, and mobilizing both public and private capital for infrastructure investments.\u00a0<\/span><\/li>\n<li><b>Headquarters:<\/b><span style=\"font-weight: 400;\"> Beijing, China<\/span><\/li>\n<li><b>Membership:<\/b><span style=\"font-weight: 400;\"> It has <\/span><b>now grown to 111 approved members<\/b><span style=\"font-weight: 400;\"> worldwide.<\/span><\/li>\n<li><b>India is a Founding Member<\/b><span style=\"font-weight: 400;\"> of AIIB and the <\/span><b>second-largest shareholder<\/b><span style=\"font-weight: 400;\"> after China.<\/span><b>\u00a0<\/b><\/li>\n<li aria-level=\"1\"><b>Governance<\/b><\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">It is headed by a <\/span><b>Board of Governors<\/b><span style=\"font-weight: 400;\"> composed of <\/span><b>one Governor and one Alternate Governor<\/b><span style=\"font-weight: 400;\"> appointed by each of the member countries.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">A <\/span><b>non-resident Board of Directors<\/b><span style=\"font-weight: 400;\"> is responsible for the direction and management of the Bank, such as the Bank\u2019s strategy, annual plan and budget and establishing policies and oversight procedures.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">The bank staff is <\/span><b>headed by a President<\/b><span style=\"font-weight: 400;\"> who is elected by AIIB shareholders for a five-year term and is eligible for re-election once.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><b>Source: <\/b><strong><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/international-business\/aiib-launches-10-billion-support-facility-for-countries-hit-by-middle-east-conflict-india-among-key-shareholders\/articleshow\/131263271.cms\" target=\"_blank\" rel=\"nofollow noopener\">TOI<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Asian Infrastructure Investment Bank is a multilateral development bank established in 2016. Read more about Asian Infrastructure Investment Bank, Objective, Headquarter, Latest News.<\/p>\n","protected":false},"author":5,"featured_media":104965,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[7712],"class_list":{"0":"post-9048","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"tag-asian-infrastructure-investment-bank","9":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/9048","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=9048"}],"version-history":[{"count":4,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/9048\/revisions"}],"predecessor-version":[{"id":105005,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/9048\/revisions\/105005"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/104965"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=9048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=9048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=9048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}