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New Development Bank says approves six new projects

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Reuters SHANGHAI
Last Updated : May 28 2018 | 4:15 PM IST

SHANGHAI (Reuters) - The New Development Bank set up by the BRICS group of major emerging economies said on Monday that it has approved six new projects that take its loan book to $5.1 billion.

The bank, set up in 2015, made the announcement at its annual meeting in Shanghai.

(Reporting by Brenda Goh; Writing by John Ruwitch)

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First Published: May 28 2018 | 4:06 PM IST

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