The NDB is in the process of seeking an international rating where after issuance on international markets will be pursued. 8  4  World Bank Global Economic Prospects 2016. BIS central bankers’ speeches  What makes the NDB a “new” development bank.
Firstly, it has new financing sources in that the financing will come from the world’s major developing economies, within the framework of new South–South co-operation. Secondly, the financing is largely devoted to meeting the needs of developing countries for infrastructure development.