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AIIB finances 23 major infrastructure projects

Asian Infrastructure Investment Bank investments in projects and funds surpassed $4.2 billion in 2017, a sharp increase from $1.7 billion a year earlier, the bank said in its annual report. The bank funded 23 projects in sectors including transport, energy and telecommunications, up from eight projects in 2016. The bank's net profit in 2017 hit $252 million, up from $167 million a year earlier, according to the report. The report identified the bank's thematic priorities as sustainable infrastructure, cross-border connectivity and private capital mobilization.

Bank card numbers top 7-billion mark in 2017