The Memorandum of Understanding (MOU) on Establishing the Asian Infrastructure Investment Bank specifies that the authorized capital of AIIB is $100 billion and the initial subscribed capital is expected to be around $50 billion, according to Chinese Finance Minister Lou Jiwei.
Lou said Prospective Founding Members have agreed that GDP will be the basic parameter in determining share allocation among member countries. Therefore, China will be the largest shareholder.
Previously, China announced that it is willing to subscribe to up to 50 percent of the capital. This is an indication that China would like to provide strong support to AIIB, Lou said.
However, China will not seek to be “the single majority shareholder” and will not necessarily subscribe 50 percent of the capital. He said. “Moreover, China’ s share ratio will be gradually diluted with more members joining AIIB in the future.”