About Us

Eurasian Development Bank (EDB)

The EDB is an international financial institution with a charter capital of US $7 billion and the mission to promote economic growth in its member states, expand their trade and other economic ties and foster Eurasian integration through investment.

Bank profile – Eurasian Development Bank

History of the EDB

2006 The Russian Federation and the Republic of Kazakhstan establish the EDB
2009 The Republic of Armenia and the Republic of Tajikistan join the Bank
2010 The Republic of Belarus joins the Bank
2011 The Kyrgyz Republic joins the Bank

Agreement Establishing the Bank

The Bank was established under an intergovernmental agreement signed on 12 January 2006 by authorised representatives of the Russian Federation and the Republic of Kazakhstan.

Management

Key strategic objectives

01

Strengthening the EDB’s unique integration role

02

Implementing key investment mega-projects

03

Enhancing operations in the countries of the EDB’s minority shareholders

04

Promoting digital transformation in the region

05

Consolidating investment resources in the region where the Bank operates

06

Applying a comprehensive approach to securing the resource base for the EDB

07

Promoting the UN Sustainable Development Goals and ESG approaches in the Bank’s corporate governance

Our Strategy for 2022–2026

Investment portfolio

As of February 2023

Investment portfolio, US $ billion

Current investment portfolio by country (%)


EDB adheres to the highest environmental standards and invests in projects that meet its environmental criteria.
8.8%
Other countries (including DIFs)
6.2%
Belarus
5.4%
Armenia
39.9%
Russia
38.0%
Kazakhstan
1.6%
Kyrgyz Republic
0.1%
Tajikistan

Current investment portfolio by country (%)


EDB adheres to the highest environmental standards and invests in projects that meet its environmental criteria.
6.7%
Other infrastructure
5.3%
Chemical sector
5.0%
Agroindustrial sector
4.2%
Mechanical engineering
2.6%
Other sectors
19.0%
Transport
18.9%
Mining
17.2%
Energy
14.0%
Financial sector
1.6%
Metallurgy

The EDB as an international organisation

The EDB’s mission is to promote the development of the market economy in its member states, their sustainable economic growth and the expansion of trade and other economic ties through investment.

  • International legal status;
  • Rights of a legal entity on the territory of its member states;
  • Special legal status affording the following privileges and benefits in the Bank’s member states:
    • Property and judicial immunity;
    • Tax and customs exemptions;
    • Protection from some of the costs and risks resulting from changes in legislation and bank regulation in its member states.

The EDB operates in the countries with whose governments it has concluded agreements that establish the terms and conditions of its operations in such countries and where such agreements have come into legal force and effect.

The EDB as an observer

The EDB holds observer status at:

Eurasian group on combating money laundering and financing of terrorism (EAG)
United Nations Conference on Trade and Development (UNCTAD) Trade and Development Board
United Nations General Assembly
International Investment Bank

Supporting institution

The EDB as a member of international organisations

The EDB is a member of:

  • Eurasian Fund for Stabilisation and Development (EFSD). The EDB is;
  • the Manager of the Fund’s Resources amounting to US $8.513 billion;
  • Kazakhstan Stock Exchange (KASE);
  • Multilateral Financial Institutions’ Working Group on Environmental and Social Standards;
  • World Economic Forum (WEF);
  • International Capital Market Association (ICMA);
  • International Swaps and Derivatives Association (ISDA);
  • Expert Group for the Development of PPP Mechanisms within the EAEU at the EEC Advisory Committee on Entrepreneurship;
  • Global infrastructure Facility (GIF) Advisoty Council;
  • Global infrastructure Connectivity (GICA).

Certificates

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