What is official name of brics bank?

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1199311

2026-03-16 06:05

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The official name of the BRICS bank is the New Development Bank (NDB). Established in 2014, it was created by the BRICS nations—Brazil, Russia, India, China, and South Africa—to support public or private projects in member countries and other emerging economies. The NDB aims to promote sustainable development and enhance infrastructure financing in these regions.

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