Italy has 2. 62 percent stake in Asian Infrastructure Bank
(AGI) Beijing, June 29 - Italy holds a 2.62 percent stake inthe China-led Asian Infrastructure Investment Bank (AIIB). Theframework agreement regulating the bank's governance and theshareholding of each member state was signed in Beijing onMonday. Italy's 2.62 percent stake makes it the fourth-largestEuropean country within the new financial institution,following Germany with 4.5 percent, France with 3.4 percent andthe United Kingdom with 3.1 percent. Overall Italy rankstwelfth among the 57 AIIB member countries, although 75 percentof the shares of the new regional financial institution areheld by Asian countries, with China and