16:22 EDB extends a RUB 1.27 billion loan facility for RG Brands Kazakhstan
15:52 EDB offers bonds underwritten by Kazkommerts Securities at KASE
19:36 EDB and the Global Infrastructure Hub sign a memorandum of understanding in Singapore
16:29 Dmitry Pankin: IFIs are important players in PPP syndicates
12:38 Trade between the EDB countries recovers in Q1 2017 (quarterly macro review)
20:44 Dmitry Pankin: Regional integration neutralises negative economic effects for landlocked countries
14:14 EDB acquires share in ASK, a concession company building Central Ring Road 3
13:59 EDB: Eurasian economic integration has gained practical content but may encounter stumbling blocks in the future (the report “Eurasian Economic Integration 2017”)
19:02 EDB provides a US $10 million loan facility to Belinvestbank for trade finance
13:50 Eurasian Development Bank accounts for the largest portion of investment finance approved by MDBs for the CIS countries in Q1 2017 (review)
14:00 Macroeconomic Review: Improvements in the global economy may accelerate growth in the EDB countries
EDB provides a US $90 million loan facility to the Industrial Metallurgical Holding
Eurasian Development Bank (EDB) is an international financial institution founded by Russia and Kazakhstan in January 2006 with the mission to facilitate the development of market economies, sustainable economic growth, and the expansion of mutual trade and other economic ties in its member states. EDB’s charter capital totals US $7 billion. The member states of the Bank are the Republic of Armenia, the Republic of Belarus, the Republic of Kazakhstan, the Kyrgyz Republic, the Russian Federation, and the Republic of Tajikistan.
Read more at http://eabr.org/
The Industrial Metallurgical Holding is a Russian vertically integrated metallurgical company manufacturing commercial iron, producing and processing metallurgical coal and iron ore, and engaged in foundry and powder metallurgy. IMH is the world’s largest exporter of commercial iron and Russia’s top supplier of coke. The group’s key production assets are located in Kemerovo, Belgorod, Tula and Kaluga Regions of Russia.
KMAruda is part of IMH’s ore and iron division. It pioneered the development of the world’s largest iron ore basin, the Kursk Magnetic Anomaly. The company was founded in 1953 and is located in Russia’s Central Black Earth Region. It extracts banded iron formations from the Korobki deposit and produces high-quality iron ore concentrate. Tulachermet has been its permanent buyer since 2006.
EDB Media Centre:
+7 (727) 244 05 45 ext. 6147 (Almaty)
+7 (495) 645 04 45 ext. 2724 (Moscow)
29 December, 2016