AIIB Gathers in South Korea

Quotes and Quotas is a weekly digest of phrases and facts that help explain Asia’s infrastructure push.

On June 16 – 18, the Asian Infrastructure Investment Bank (AIIB) will hold its second annual meeting in Jeju, South Korea.

4: The number of projects approved by the AIIB in 2017

13: The number of projects approved by the AIIB to date

22: The number of prospective members approved by the Bank’s Board of Governors in addition to the original 57 signatory countries

77: The number of countries expected to send a delegation to the AIIB’s second annual meeting

$460 million: Total AIIB lending so far in 2017

$1.7 billion: The amount that the AIIB has lent to Belt and Road countries, according to Chinese President Xi Jinping

$2.16 billion: The total amount of AIIB lending to date

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