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The Bangko Sentral ng Pilipinas has lauded the BRICS nations’ establishment of a New Development Bank which will fund infrastructure and sustainable development projects in emerging markets and developing countries.

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NEW DEVELOPMENT BANK

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abtest

BRICS nations opens own development bank

July 22, 2014 - 12:00am

BRICS emerging market nations has launched a $100-billion development bank to counter the Western-dominated international financial system.

Banking

BSP welcomes new BRICS dev’t bank

By Kathleen A. Martin | July 21, 2014 - 12:00am

The Bangko Sentral ng Pilipinas has lauded the BRICS nations’ establishment of a New Development Bank which will fund infrastructure and sustainable development projects in emerging markets and developing...

Business