The BRICS Bank Now Has 10 Members and Iran Wants In

BRICS: Expansion Key Facts —Current members. The New Development Bank has 10 members: the five founders of the BRICS group (Brazil, Russia, India, China and South Africa) plus Bangladesh, the United Arab Emirates, Egypt, Algeria, and Uzbekistan, which joined on June 5, 2026. —Algeria’s entry. Algeria became the bank’s ninth member in May 2025, and…