Tagged: aiib

Asian Infrastructure Investment Bank (AIIB) Considers Digital Payments and Hong Kong Hub Plans

The Asian Infrastructure Investment Bank is advancing efforts to incorporate emerging digital financial tools into its operations while preparing to establish a new presence in Hong Kong and expanding its fundraising activities to new levels. According to senior bank officials, the multilateral institution is examining… Read More

Saudi Contributes $10m to AIIB’s Special Fund Window for Less Developed Members

The Saudi Fund for Development (SFD) has agreed to contribute $10 million to the Special Fund Window for Less Developed Members (SFW) of the Asian Infrastructure Investment Bank (AIIB), according to an announcement. The agreement was signed by Sultan Abdulraham Al-Marshad, CEO of SFD, and… Read More

China Establishes Asia Fintech Fund of Funds to Focus on M&A

China’s Global Times has reported that the country established a foundation focused on financial and technology mergers and acquisitions throughout Asia.  Asia Fintech Fund of Funds (FOF) is based in Beijing and has 10 billion yuan (approximately $1.44 billion) in funding. Asia Fintech is the second… Read More

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