Statement by ADB President Takehiko Nakao on Start of Operations of NDB | Asian Development Bank

Statement by ADB President Takehiko Nakao on Start of Operations of NDB

Statement | 21 July 2015

MANILA, PHILIPPINES  – On the occasion of the New Development Bank (NDB) opening its doors for business today,  we congratulate its founding members as well as President K.V. Kamath, its management, and staff. 

We look forward to working with this new member of the global family of multilateral development banks in areas of common interest in Asia and Pacific, including possible cofinancing for infrastructure and projects promoting sustainable development, utilizing our long experience and expertise in the region.