New Brics bank launched in Shanghai
![](http://c.files.bbci.co.uk/FBFD/production/_84390546_bricsreuters.jpg)
The Brics group of emerging economies launches its New Development Bank in Shanghai, seen as a rival to the World Bank and IMF.
BBC
Habari Zinazoendana
11 years ago
TheCitizen14 Jul
PM Modi pins hope on new Brics bank
Indian Prime Minister Narendra Modi headed to Brazil yesterday for a meeting of the Brics group of emerging powers, hoping to seal the long-discussed deal to open a new development bank.
11 years ago
BBC![](http://news.bbcimg.co.uk/media/images/76286000/jpg/_76286906_tv023168890.jpg)
BRICS nations to create $100bn bank
The so-called BRICS countries - Brazil, Russia, India, China and South Africa - agree to create a $100bn development bank and emergency fund.
10 years ago
TheCitizen06 Sep
INSIGHT:Can the Brics new bank boost Africa’s real estate industry?
The establishment of the New Development Bank (NDB) -- a mini ‘World Bank’ -- this year, which will be headquartered in Shanghai, China, has given a glimmer of hope for most developing countries, particularly those in the Sub-Saharan region.
10 years ago
TheCitizen12 Aug
Milestone as farmers’ bank launched
President Jakaya Kikwete has fulfilled his promise of establishing a financial institution to finance agriculture.
10 years ago
TheCitizen13 Aug
Visa Platinum US dollar debit card for bank clients launched
Barclays Bank Tanzania yesterday launched its Visa Platinum US dollar debit cards that will help the bank’s clients – who hold US dollar accounts – to access their money globally.
11 years ago
TheCitizen10 Jul
Brics dream on financial institution to materialise
The Brics group of emerging giants is expected to sign a deal next week to open its own development bank by 2016, Russia’s finance minister said yesterday.
11 years ago
TheCitizen01 Mar
Experts chart Dar engagement with Brics
Tanzania must fight corruption and increase accountability for the country to fully utilise the advantages of international development cooperation.
11 years ago
TheCitizen21 Jul
When BRICS flex, global economies shake
The launch last week of a development bank and an emergency reserve fund by the Brics -- Brazil, Russia, India, China and South Africa -- appears to be a concrete attempt to address inequities created by European and American dominance at the World Bank and the IMF.
10 years ago
BBCSwahili03 Jul
Demba Ba ajiunga na Shanghai Shenhua
Mshambuliaji wa kimataifa wa Senegal Demba Ba amejiunga na timu ya Shanghai Shenhua akitokea timu ya Besiktas ya Uturuki.
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13-February-2025 in Tanzania