Baku 21° C
Azerbaijan’s share in AIIB declines
Finance
- 18 April, 2019
- 07:55
Add Report.az to preferred Google sources
Stay up to date with the top news!
Azerbaijan’s share in Asian Infrastructure Investment Bank (AIIB) declined by 0.0006 percentage point to 0.2636% due to the fact that Romania was adopted as a member.
The bank has 87 members.
Azerbaijan’s voting right fell by 66 votes or 1.28%. Currently, Azerbaijan’s voting right is 5.069 votes of 0.4508%, which means 0.0037 percentage point decline.
Azerbaijan’s nominal participation share in the bank remained unchanged at $254.1 million.
On June 29, 2015, 57 countries signed an agreement to establish AIIB in Beijing. From Azerbaijani side, the contract was signed by Finance Minister Samir Mustafayev. Azerbaijan’s membership was ratified on June 24, 2016.
Author
Latest News
11:01
Azerbaijan plans to achieve net-zero emissions balance in agriculture, forestry sector by 2060
AIC
10:41
GL Group, SLB mull prospects for collaboration in Azerbaijan's oil, gas sector
Energy
10:23
EU congratulates Azerbaijan on National Flag Day
Foreign policy
10:11
Turkish Foreign Ministry congratulates Azerbaijan on National Flag Day
Region
09:55
Serbian acting president invites Student List to dialogue
Other countries
09:35
COP31 climate conference kicks off in Antalya today
Region
09:23
Photo
Concert marking Azerbaijan's Victory Day held in London
Foreign policy
09:10
First Vice-President Mehriban Aliyeva shares post on National Flag Day
Domestic policy
02:08
Azerbaijan Defense Ministry shares video summary of past week's updates
Military