Operations – Eurasian Development Bank
Lending and Investment
The Bank finances major investment projects in Eurasia, offering long-term loans for public and private enterprises, equity participation, mezzanine financing, guarantees, as well as financing for investment funds and financial institutions to support real sector businesses and trade operations.
The Bank focuses on financing the following types of projects:
Projects with a strong integration effect:
01
Intercountry infrastructure
Projects promoting trade, economic and investment ties between the member states, the creation and advancement of common markets, as well as national infrastructure projects that contribute to integration and projects in transboundary regions that foster trade and freight mobility, as well as the movement of people, and create other transboundary effects for the Bank’s member states;
02
Business integration
Projects envisioning a real integration of businesses from different member states in creating a product or providing a service;
03
International trade
Trade transactions between counterparties from the member states;
04
Mutual investment
Projects envisioning an increase in EDB shareholders’ mutual investment.
National development projects:
- national, regional and municipal infrastructure projects in various sectors;
- projects to develop and set up new production facilities that will increase the share of a country’s businesses in one or more value chains, support the member states’ import substitution efforts and build up the export potential of the national economies;
- projects with an innovative component that promote the technological transformation of national companies;
- replicable investment projects and development programmes.
Special focus is made on “green” financing initiatives.
Priority project areas:
- Infrastructure (transport, utilities, etc.)
- Chemical and petrochemical industry
- Metallurgy and mining
- Oil and gas
- Financial sector
- Information technology
- Energy
- Machinery and engineering
- Agriculture
These sectors will be given priority, but the list is not exhaustive.
The Bank’s “optimal” share in projects is between US $20 million and US $200 million; however this does not preclude the Bank’s involvement in projects with a lower value, particularly in the member states with relatively small economies.
International cooperation
The Bank is governed in its international cooperation by generally accepted principles and rules of international law, applicable international treaties, the Agreement Establishing the Eurasian Development Bank dated 12 January 2006 and the Charter, which forms an integral part of the Agreement.
The constituent documents define the Bank’s status as an international organisation – an entity regulated by international law, with international legal capacity and the right to enter into international agreements within its competence.
The Bank’s international cooperation activities are designed to create enabling conditions for the successful and efficient implementation of its activities as outlined in its Charter.
The Bank’s international activities are focused on achieving its strategic objectives as set out in the Agreement Establishing the Eurasian Development Bank and the Charter, and the tasks outlined in the Eurasian Development Bank’s Core Objectives and Business Guidelines and its 2008–2010 Strategy.
Proceeding from its goals and objectives, the Bank focuses on the following areas of international cooperation:
- Interacting with the Bank’s member states and international organisations
- Expanding the Bank’s membership with new member states and international organisations
- Cooperating with public development finance institutions from the member states
- Interacting with international and regional agencies
- Cooperating with governments and international organisations