Shareholding Structure :
The following table shows amounts for 5 countries by shareholding at the New Development Bank
Countries by Shareholding at the New Development Bank
Country | Number of Shares | Shareholding (% of Total) | Voting Rights (% of Total) | Authorized CapitalĀ (billionĀ USD) |
Brazil | 100,000 | 20 | 20 | 10 |
China | 100,000 | 20 | 20 | 10 |
India | 100,000 | 20 | 20 | 10 |
Russia | 100,000 | 20 | 20 | 10 |
South Africa | 100,000 | 20 | 20 | 10 |
Unallocated Shares | 500,000 | – | – | 50 |
Grand Total | 1,000,000 | 100 | 100 | 100 |