Shareholding Structure

Pie chart showing equal distribution of shares between the NDB shareholders


According to Articles of Agreement of the New Development Bank, the initial authorized capital of the bank is divided into 1 million shares, having a par value of $100,000. Each founding member of the bank has initially subscribed 100,000 shares, in a total of $10 billion, of which 20,000 shares correspond to paid-in capital, in a total of $2 billion and 80,000 shares correspond to callable capital, in a total of $8 billion.

The current distribution of shares between NDB member countries is presented in the following table.

Countries by Shareholding at the New Development Bank
Country Number of
Shares		 Shareholding
(% of Total)		 Voting Rights
(% of Total)		 Authorised Capital
(billion USD)
 Brazil 100,000 20 20 10
 Russia 100,000 20 20 10
 India 100,000 20 20 10
 China 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

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