THE China-led Asian Infrastructure Investment Bank (AIIB) will be lean, clean and green, its interim chief said, playing down concerns over transparency and standards governing the institution.

    The US$50 billion bank, expected to start operations by the end of the year, is attracting a growing list of countries.

    “Lean is cost effective; clean, this bank will have zero-tolerance on corruption; green means it’s going to promote the economy,” Xinhua quoted Jin Liqun, secretary general of the bank’s multilateral interim secretariat, telling a forum in Singapore on Saturday.(SD-Agencies)