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NDB Country Evaluation: Cooperation with China Rated 'Successful'
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On September 23, the New Development Bank (NDB), established by BRICS nations, released its Country Portfolio Evaluation Report for China. The evaluation, conducted by the NDB's Independent Evaluation Office, covers 27 projects approved between July 2015 and December 2024. The report concludes that the overall effectiveness of the NDB's cooperation with China is 'successful'. It highlights that the NDB's loan portfolio in China is one of the bank's largest country-level business segments globally. The report identifies four outstanding advantages: local currency (RMB) financing, project implementation efficiency, sustainable technology innovation, and project compliance. It states that these advantages provide a replicable and scalable model for multilateral development institutions serving emerging economies and creating high-impact, sustainable, and inclusive infrastructure projects. The information was sourced from CCTV News and reported by financial data provider Jin10.
Source report
September 23, 2024 — The New Development Bank (NDB), established by BRICS nations, today released its China Country Portfolio Evaluation Report. The evaluation was conducted by the NDB's Independent Evaluation Office and covers 27 projects approved between July 2015 and December 2024.
The report concludes that the overall effectiveness of the NDB's cooperation with China is rated as "successful." Key highlights include:
- The NDB's loan portfolio in China is one of the largest country-specific business segments globally.
- The portfolio demonstrates outstanding advantages in four key areas:
- RMB local currency financing
- Project implementation efficiency
- Sustainable technology innovation
- Project compliance and履约 (contractual performance)
The report notes that the NDB's operations in China provide a replicable and scalable model for multilateral development institutions serving emerging economies, particularly in delivering high-impact, sustainable, and inclusive infrastructure projects.
(Source: CCTV News)
Source
金十数据Eastern
Part of this Story
NDB Report Rates China Portfolio ‘Successful,’ Highlights Yuan Financing and Project Efficiency