Asian Infrastructure Investment Bank not to compete with Asian

23 November 2024

Asian Infrastructure Investment Bank not to compete with Asian Development Bank

20:20 20 April 2015 Read: 1055

Asian Infrastructure Investment Bank not to compete with Asian Development Bank

The Asian Infrastructure Investment Bank (AIIB) will not compete with the Asian Development Bank (ADB), Azerbaijani Finance Minister Samir Sharifov said.

“The needs of the Asian region are so great that one bank is not enough to satisfy them,” Sharifov said at the briefing April 20.

He said that while participating in the activity of any financial institutions, Azerbaijan does not intend to harm them.

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