Eurasian Development Bank
Last updated on 03 Mar 2024

Key facts


The EDB is an international financial institution established to promote economic growth in its member states, extend trade and economic ties among them, and support integration in Eurasia through investment.

220 Dostyk Avenue
Almaty 050051
Republic of Kazakhstan

+7 (727) 244 40 44

eabr.org
PUBLIC
2006
Credit rating (S&P)
BBB-
Foreign currency

Authorizations and exposure


FY 2022 exposure top sectors

Energy
22%
Transport
20%
Financial
18%
Mining
18%
Metallurgy, agriculture, etc.
8%

FY 2022 authorizations

Eurasia

100 %

Products


  • Limited recourse project finance: A form of project finance where the project bears the main risks, however with partial/limited distribution between project participants (the project company, investors/sponsors, and other parties) so that each of the participants bears the risk that depends on them
  • Structured trade finance: Financing imports of fixed assets (including industrial equipment, machinery, mechanisms, as well as related engineering, startup and supervision services), as well as the construction and reconstruction of production facilities with the use of trade finance instruments and loans from foreign financial institutions against guarantees from national export credit agencies
  • Pre-export finance: Finance extended against confirmed orders from foreign buyers and used by an exporter to finance manufacturing and supplies under a foreign trade contract, with the possibility of direct payments from the importing buyer to the EDB
  • Leveraged acquisition finance
  • Finance and operating lease
  • Grants are available for projects of member states in the sectors of education, healthcare, good governance, and social security and protection (including food safety)
    • Grants are allocated in USD and/or EUR
    • Minimum amount of USD 500,000 and maximum of USD 2 million with a term of implementation of up to 1.5 years
    • Minimum amount of USD 2 million and maximum of USD 5 million with a term of implementation of 1.5 years
  • Credit lines for financial institutions for one or several programs for the subsequent financing of its own or sub-borrowers’ sub-projects
    • Priority programs: Agribusiness, energy efficiency, trade finance, SME and microfinance
  • EDB Technical Assistance Fund: flexible tool with the financing of which the EDB can quickly respond to the current needs and challenges of the member States
    • Project preparation, investment subsidy, and investment activity expansion

Policies


  • Member states: Kazakhstan (co-founder), Russia (co-founder), Armenia, Belarus, Kyrgyzstan, and Tajikistan
  • The bank focuses on projects with an integration effort and national development projects
  • The Bank does not finance production and distribution of tobacco and alcohol; gambling; business activities involving the use of forced and child labor; the manufacture of or trading in weapons and ammunition, or military and/or defense projects; activities prohibited under the legislation of the member countries or international conventions related to the protection of biodiversity, resources or cultural heritage; and projects causing significant environmental damages

News


  • 2024: The EDB launches a series of webinars on cross-border PPP project activities
  • 2023: The EDB and the Brazilian Development Bank (BNDES) start cooperation to enhance trade relations between Brazil and the Eurasian region
  • 2023: The EDB joins the Green Investment Principles (GIP) for the Belt and Road Initiative as an observer
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