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Home News Item China-Backed Bank Halts Lending to Russia, Belarus
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China-Backed Bank Halts Lending to Russia, Belarus

maart 04, 2022by Reacties uitgeschakeld voor China-Backed Bank Halts Lending to Russia, Belarus

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BEIJING – The China-backed Asian Infrastructure Investment Bank said it will suspend business related to Russia and Belarus, which have been hit with massive international sanctions over the Ukraine war.

In a statement issued Thursday, the AIIB said that ‘in the best interests of the bank, management has decided that all activities relating to Russia and Belarus are on hold and under review.’

The bank added

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