In January 2016, the Asian Infrastructure Investment Bank started operations as the first new multilateral development bank (MDB) of the 21st century. Five years on, the bank has evolved from “a new kid on the block” to a thriving international financial institution. We have strong multilateral governance, an AAA credit rating, and we maintain high international standards in our rapidly growing project portfolio. We have over $22 billion of approved loans and investments in 108 projects across 28 members.