EXIM BANK OF INDIA SIGNED AN MOU WITH THE BRAZILIAN DEVELOPMENT BANK

10 July 2015: Chairman and Managing Director of Exim Bank of India, Mr. Yaduvendra Mathur, and the President, Brazilian Development Bank (BNDES), Mr. Luciano Coutinho, signed a cooperation agreement at Ufa, Russia on the sidelines of the activities associated with the Annual Meetings of the BRICS Interbank Cooperation Mechanism, on Thursday, July 09, 2015.

This MOU is aimed at sharing of knowledge, information and best practices; capacity building of personnel, including project development skills; promotion of joint events,  research and programmes; development of effective and sustainable financing solutions for projects of mutual interest, including projects in third countries, such as PPP projects; and cofinancing.

EXIM BANK OF INDIA ALONG WITH OTHER MEMBER DEVELOPMENT BANKS OF BRICS NATIONS SIGNED AN AGREEMENT EXPRESSING THEIR INTENT TO COOPERATE WITH THE NEW DEVELOPMENT BANK

10 July 2015: Chairman and Managing Director of Exim Bank of India, Mr. Yaduvendra Mathur, signed a multilateral cooperation agreement, along with Chairmen/Presidents of other member development banks of BRICS (Brazil, Russia, India, China, and South Africa) nations, expressing their intent to cooperate with the New Development Bank (NDB) promoted by the BRICS nations. The Agreement was signed in the presence of Heads of States/Governments of the BRICS countries on Thursday, July 09, 2015, in Ufa, Russia during the BRICS Summit 2015.

Photo Caption: Sri Yaduvendra Mathur, CMD of Exim Bank of India signing themultilateral cooperation agreement along with members of the BRICS toexpress their intent to cooperate with the New Development Bank (NDB)