SRCB(SH:601825) Xin Hua Wang·2026-01-22 14:19Core Viewpoint - The New Development Bank (NDB) has signed a cooperation agreement with Shanghai Rural Commercial Bank for a green loan project, emphasizing financial support for Shanghai's green development [1] Group 1: Project Details - The NDB will provide an equivalent of 100 million USD in five-year RMB funding specifically for renewable energy, energy efficiency, environmental protection, and digital infrastructure [1] - The project is centered around the theme of "Financial Support for Shanghai's Green Development" [1] Group 2: Strategic Importance - The chairman of Shanghai Rural Commercial Bank, Xu Li, stated that green development has become a global consensus and that green finance is essential for achieving carbon neutrality goals and driving comprehensive green transformation [1] - NDB's Vice President, Roman Shcherov, highlighted Shanghai's status as a global financial hub and the ideal environment it provides for this cooperation [1] Group 3: Institutional Background - The NDB was established in 2015 by Brazil, Russia, India, China, and South Africa to support infrastructure and sustainable development projects in BRICS and other emerging economies and developing countries [1] - The bank aims to complement existing multilateral and regional financial institutions to promote global growth and development [1]