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BRICS Development Bank Aims To Make 5 Bln In Loans In 2024
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BOAO, China, March 26 (Reuters) - The New Development Bank (NDB), set up by the BRICS group of emerging economies, aims to make about $5 billion in [https://loans-online-apply.com/ online payday loans no credit check] this year, [https://loans-online-apply.com/ best online payday loans] its vice president, Zhou Qiangwu, said on Tuesday.<br><br>"During the epidemic, our business has been somewhat affected, and now everything is going back on track," Zhou told Reuters on the sidelines of the annual Boao Forum.<br><br>Zhou did not elaborate on how the bank may have been off track, [https://loans-online-apply.com/ online personal loans] but said China and India have received slightly more investment from the bank than other members.<br><br>Headquartered in Shanghai, the NDB was set up in 2015 by Brazil, Russia, India, China and South Africa, collectively known as the BRICS countries.<br><br>Zhou also said he expected China's economy to grow about 5% this year, in line with the government's target. (Reporting by Kevin Yao. Editing by Gerry Doyle)<br><br>If you liked this post and you would certainly like to get even more facts concerning [https://loans-online-apply.com/ speedy cash payday loans online] kindly visit the web-site.
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