A report that summarizes and presents key points and findings based on documents, data/information, and related literature; speeches and news articles that have been written on the Asian Infrastructure Investment Bank‟s (hereafter AIIB) establishment and inner workings. The study was commissioned by NGO Forum on ADB (hereafter Forum) to explore the emerging investment model of AIIB using its experiences with the Asian Development Bank (ADB) and help address the knowledge gap. This desk-based review of documents and comparisons to existing Multi-Development Banks‟ (MDBs) operations were collected and analyzed to get possible insights into AIIB‟s model in Asia.