About Us
SHAREHOLDING AT THE NEW DEVELOPMENT BANK
Member Country | Shares (number) |
Subscribed Capital |
---|---|---|
BRAZIL | Shares subscribed: 100,000 Exercisable votes: 100,000 |
Amount (million USD): 10,000.0 Percent of total: 19.42% |
RUSSIA | Shares subscribed: 100,000 Exercisable votes: 100,000 |
Amount (million USD): 10,000.0 Percent of total: 19.42% |
INDIA | Shares subscribed: 100,000 Exercisable votes: 100,000 |
Amount (million USD): 10,000.0 Percent of total: 19.42% |
CHINA | Shares subscribed: 100,000 Exercisable votes: 100,000 |
Amount (million USD): 10,000.0 Percent of total: 19.42% |
SOUTH AFRICA | Shares subscribed: 100,000 Exercisable votes: 100,000 |
Amount (million USD): 10,000.0 Percent of total: 19.42% |
BANGLADESH | Shares subscribed: 9,420 Exercisable votes: 9,420 |
Amount (million USD): 942.0 Percent of total: 1.83% |
UNITED ARAB EMIRATES | Shares subscribed: 5,560 Exercisable votes: 5,560 |
Amount (million USD): 556.0 Percent of total: 1.08% |
Total | Shares subscribed: 514,980 Exercisable votes: 514,980 |
Amount (million USD): 51,498.0 Percent of total: 100.00% |
Note 1: Exercisable votes reflect status of paid-in capital received as of May 24, 2022.
Note 2: The total percent of subscribed capital may not be accurate to 100% due to rounding.
CAPITAL STRUCTURE AND SUBSCRIPTION
The New Development Bank (NDB) has an authorized capital of USD 100 billion, which is divided into one million shares that have a par value of one hundred thousand dollars each.
NDB’s founding members made an initial subscription of five hundred thousand shares totaling USD 50 billion, which include one hundred thousand shares corresponding to a paid-in capital of USD 10 billion and four hundred thousand shares corresponding to a callable capital of USD 40 billion. The initial subscribed capital was equally distributed amongst the founding members. Membership of the Bank is open to members of the United Nations.