The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank that aims to improve economic and social outcomes in Asia. It is the world's second largest multi-lateral development institution. The bank currently has 106 members, including 14 prospective members from around the world. The breakdown of the 106 members by continents are as follows: 42 in Asia, 26 in Europe, 21 in Africa, 8 in Oceania, 8 in South America, and 1 in North America. The bank started operation after the agreement entered into force on 25 December 2015, after ratifications were received from 10 member states holding a total number of 50% of the initial subscriptions of the Authorized Capital Stock. More information...

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