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16:39 EDB: International development banks increase finance for CIS projects by 130% in Q4 2016 (review)
13:02 The persistently low inflation rates and moderate dollarisation of the EAEU economies pave the way for further successful integration
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Press Releases

12 April, 2017|

Reduced inflation in the EDB countries contributes to economic growth

Following relative economic stabilization in 2016, Eurasian Development Bank's member countries are entering the phase where inflation will go down significantly and key rates will be reduced gradually. This is expected to create more favourable conditions for the recovery of positive economic dynamics in the region. These are the findings of The Macroeconomic Review prepared by the Chief Economist Group at EDB

7 April, 2017|

Changes in EDB Management Board

In accordance with the Charter of Eurasian Development Bank (EDB) and the Regulations of its Council, the EDB Council approved the inclusion in the Management Board of the following heads of the Bank’s divisions: Olga Glukhova, Managing Director (Legal); Yaroslav Lissovolik, Chief Economist; and Natalia Churgel, Managing Director (Organisational Development). Dmitry Pankin, Chairman of the Management Board, signed the respective order.

3 April, 2017|

EDB provides a RUB 1.95 billion loan facility for the Gulkevichski Starch Factory

Eurasian Development Bank (EDB) and the Gulkevichski Starch Factory as a borrower signed a loan agreement to finance enhancement of the factory’s capacity and construct a new maltodextrin shop. The signatories were Maxim Korzhov, Deputy Chairman of the Management Board at EDB, and Sergei Filippov, General Director of the Gulkevichski Starch Factory

3 April, 2017|

EDB and the IIB open a RUB 8.15 billion loan facility for Nord Hydro – Belyi Porog to construct small hydropower plants in Karelia

Eurasian Development Bank (EDB) and the International Investment Bank (IIB) entered into a loan agreement with Nord Hydro – Belyi Porog (NHBP) to finance construction of small hydropower plants, Beloporozhskaya HPPs 1 and 2, in Karelia. The loan totalling RUB $8.15 billion was extended for twelve years. The total project value is RUB 11.8 billion

3 April, 2017|

New Development Bank and Eurasian Development Bank Sign Memorandum of Understanding to Establish Framework for Cooperation

New Development Bank and Eurasian Development Bank signed today Memorandum of Understanding to establish а framework for enhanced strategic, technical and operational cooperation. The MoU was signed by Mr. Paulo Nogueira Batista Jr., NDB Vice President and Chief Risk Officer and Mr. Konstantin Limitovskiy, EDB Deputy Chairman of the Management Board on the sidelines of the NDB Second Annual Meeting in New Delhi, India

29 March, 2017|

Dmitry Pankin: EDB is interested in PPP projects

Eurasian Development Bank (EDB) is interested in public-private partnership (PPP) projects. The priority areas for such projects are road infrastructure and residential utilities. Dmitry Pankin, Chairman of the Management Board at EDB, stated this at the plenary session of the 4th Infrastructure Congress Russian PPP Week

27 March, 2017|

Dmitry Pankin: Enhancing transport infrastructure is of common interest to the One Belt, One Road initiative and the EAEU

Creating effective transport infrastructure is the key area of common interest to the One Belt, One Road initiative and the Eurasian Economic Union. Dmitry Pankin, Chairman of the Management Board at EDB, told this at the Boao Forum for Asia’s Annual Conference Globalisation & Free Trade: The Asian Perspectives

23 March, 2017|

EDB: The issue of surplus power generation can be solved by the expansion of exports, but trans-boundary power grids need to be developed jointly to this end

The EDB countries need to coordinate their strategies for the development of power grids (power grid facilities and trans-boundary transmission lines) in order to use effectively their capacity to export electricity to third countries. International trade and optimised load on power plants will help to improve the operation of the national power systems and, eventually, reduce the prime cost of electricity for consumers. These are the findings presented in Power Grids in EDB Countries, a report prepared by Eurasian Development Bank’s Department for Strategic and Sector Research

13 March, 2017|

EDB and the Kyrgyz Republic sign a US $110 million credit agreement to be financed by the EFSD

Eurasian Development Bank (EDB), as the Resources Manager of the Eurasian Fund for Stabilisation and Development (Fund), and the Kyrgyz Republic signed an investment credit agreement for US $110 million to be provided by the Fund to finance the commissioning of Unit 2 at Kambarata HPP 2. The document was signed by Dmitry Pankin, Chairman of the Management Board at EDB, and Adylbek Kasymaliyev, Minister of Finance of the Kyrgyz Republic

28 February, 2017|

EDB and Roscongress sign a cooperation agreement

Today, Eurasian Development Bank (EDB) and the Roscongress Foundation signed a cooperation agreement at the Russian Investment Forum in Sochi. The document was executed by Dmitry Pankin, Chairman of the Management Board at EDB, and Shukrullo Israilov, Deputy Director of Roscongress

EDB Member States

  • Russian Federation

    Russian
    Federation

  • Republic of Kazakhstan

    Republic
    of Kazakhstan

  • Republic of Armenia

    Republic
    of Armenia

  • Republic of Tajikistan

    Republic
    of Tajikistan

  • Republic of Belarus

    Republic
    of Belarus

  • Kyrgyz Republic

    Kyrgyz
    Republic