BRICS Development Bank
- Country:
- Type: Bank
- Website: www.ndbbrics.org
- Update: 05-01
The BRICS Development Bank (New Development Bank, commonly known as BRICS Bank) is an international financial institution established by the members of the BRICS organization.In 2013, at the 5th BRICS Summit, the leaders of the five countries agreed to set up the BRICS Development Bank; and in 2014, the headquarters of the BRICS Bank was determined to be Shanghai, China.
