New Development Bank
E45545
The New Development Bank is a multilateral development bank established by the BRICS countries to finance infrastructure and sustainable development projects in emerging economies.
All labels observed (5)
| Label | Occurrences |
|---|---|
| New Development Bank canonical | 8 |
| Agreement on the New Development Bank | 2 |
| BRICS Bank | 1 |
| BRICS Development Bank | 1 |
| BRICS New Development Bank | 1 |
How this entity was disambiguated
This entity first appeared as the object of triple T247186 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: New Development Bank Context triple: [BRICS, hasInstitution, New Development Bank]
-
A.
International Finance Corporation
The International Finance Corporation is a global development institution that is part of the World Bank Group and focuses on promoting private sector investment in developing countries to reduce poverty and support sustainable growth.
-
B.
Asian Development Bank
The Asian Development Bank is a regional multilateral development finance institution that promotes economic growth and cooperation in Asia and the Pacific through loans, grants, and technical assistance.
-
C.
International Bank for Reconstruction and Development
The International Bank for Reconstruction and Development is the main lending arm of the World Bank that provides loans and financial services to middle-income and creditworthy low-income countries to support development and reduce poverty.
-
D.
Islamic Development Bank
The Islamic Development Bank is a multilateral development finance institution that provides Sharia-compliant funding and support for economic and social development in member countries of the Islamic world.
-
E.
African Development Bank
The African Development Bank is a multilateral development finance institution that promotes economic growth and social progress across African countries through loans, grants, and policy support.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: New Development Bank Target entity description: The New Development Bank is a multilateral development bank established by the BRICS countries to finance infrastructure and sustainable development projects in emerging economies.
-
A.
International Finance Corporation
The International Finance Corporation is a global development institution that is part of the World Bank Group and focuses on promoting private sector investment in developing countries to reduce poverty and support sustainable growth.
-
B.
Asian Development Bank
The Asian Development Bank is a regional multilateral development finance institution that promotes economic growth and cooperation in Asia and the Pacific through loans, grants, and technical assistance.
-
C.
International Bank for Reconstruction and Development
The International Bank for Reconstruction and Development is the main lending arm of the World Bank that provides loans and financial services to middle-income and creditworthy low-income countries to support development and reduce poverty.
-
D.
Islamic Development Bank
The Islamic Development Bank is a multilateral development finance institution that provides Sharia-compliant funding and support for economic and social development in member countries of the Islamic world.
-
E.
African Development Bank
The African Development Bank is a multilateral development finance institution that promotes economic growth and social progress across African countries through loans, grants, and policy support.
- F. None of above. chosen
Statements (57)
| Predicate | Object |
|---|---|
| instanceOf |
international financial institution
ⓘ
multilateral development bank ⓘ |
| agreementSignedOn | 2014-07-15 ⓘ |
| aimsTo |
complement existing multilateral and regional financial institutions
ⓘ
mobilize resources for infrastructure and sustainable development projects ⓘ |
| alternativeName |
New Development Bank
ⓘ
surface form:
BRICS Bank
|
| authorizedCapital | 100 billion US dollars ⓘ |
| currency |
US dollar
ⓘ
local currencies of member countries ⓘ |
| dateFounded | 2014-07-15 ⓘ |
| establishedBy |
New Development Bank
self-linksurface differs
ⓘ
surface form:
Agreement on the New Development Bank
|
| firstPresident | K. V. Kamath ⓘ |
| foundedBy |
Brazil
ⓘ
China ⓘ India ⓘ Russia ⓘ South Africa ⓘ |
| foundingMembers |
BRICS
ⓘ
surface form:
BRICS countries
|
| foundingTreatySignedAt |
Fortaleza
ⓘ
surface form:
Fortaleza, Brazil
|
| governingBody |
Board of Directors
ⓘ
Board of Governors ⓘ |
| hasCountryOffice |
Abu Dhabi
ⓘ
surface form:
Abu Dhabi, United Arab Emirates
Johannesburg, South Africa ⓘ Moscow ⓘ
surface form:
Moscow, Russia
New Delhi, India ⓘ São Paulo ⓘ
surface form:
São Paulo, Brazil
|
| hasPresident |
Dilma Rousseff
ⓘ
K. V. Kamath ⓘ Marcos Troyjo ⓘ |
| headquartersLocation |
Shanghai
ⓘ
surface form:
Shanghai, China
|
| initialSubscribedCapital | 50 billion US dollars ⓘ |
| legalForm | treaty-based international organization ⓘ |
| lendingInstruments |
equity investments
ⓘ
guarantees ⓘ non-sovereign loans ⓘ sovereign loans ⓘ |
| member |
Brazil
ⓘ
China ⓘ India ⓘ Russia ⓘ South Africa ⓘ |
| operationsCommenced | 2015 ⓘ |
| primaryFocus |
developing countries
ⓘ
emerging economies ⓘ |
| purpose |
finance infrastructure projects
ⓘ
finance sustainable development projects ⓘ |
| regionServed |
BRICS countries
ⓘ
emerging market economies ⓘ |
| sectorFocus |
energy
ⓘ
environmental protection ⓘ transport infrastructure ⓘ urban development ⓘ water and sanitation ⓘ |
| shortName | NDB ⓘ |
| successorToPresident |
Dilma Rousseff
ⓘ
Marcos Troyjo ⓘ |
| website | https://www.ndb.int/ ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: New Development Bank Description of subject: The New Development Bank is a multilateral development bank established by the BRICS countries to finance infrastructure and sustainable development projects in emerging economies.
Referenced by (13)
Full triples — surface form annotated when it differs from this entity's canonical label.
this entity surface form:
BRICS Bank
this entity surface form:
Agreement on the New Development Bank
subject surface form:
New Development Bank
this entity surface form:
BRICS Development Bank
subject surface form:
New Development Bank
this entity surface form:
Agreement on the New Development Bank
subject surface form:
Board of Governors of the New Development Bank
subject surface form:
Board of Directors of the New Development Bank
subject surface form:
Board of Directors of the New Development Bank