BRICS development bank, CRA set with separate missions2014-07-18
China's central bank has said that the BRICS development bank and the contingent reserve arrangement(CRA)are to be mutually independent with separate tasks.

BRICS development bank good for global recovery2014-07-17
The development bank initiated by BRICS will stimulate global economic recovery and drive up long-term growth, China's Ministry of Finance said on Wednesday.

BRICS to establish development bank, reserve arrangement2014-07-16
The emerging-market bloc of BRICS on Tuesday announced plans to establish a development bank and a contingent reserve arrangement.