News – Eurasian Development Bank

The Eurasian Development Bank’s (EDB) analysts forecast the Kyrgyz Republic’s GDP growth to slow down in 2020. This finding is presented in the Macroeconomic Review published by the EDB’s Directorate for Research.

In 2020, Kazakhstan’s economic activity is expected to weaken amid growing external risks. This finding is presented in the Macroeconomic Review disseminated by the Directorate for Research at the Eurasian Development Bank (EDB).

S&P Global Ratings affirmed the Eurasian Development Bank’s (EDB) long- and short-term credit ratings at ‘BBB/A-2’ as well as its 'kZAAA’ national scale rating and revised the outlook from Stable to Negative

The Eurasian Development Bank (EDB) projects Armenia’s GDP growth to slow to 5.6% in 2020, as the low base effect will peter out in the ore mining sector and net exports will decline because of the weak external demand. This finding is presented in The Macroeconomic Review for Armenia published by the Directorate for Research at the EDB

The worsened external environment in early 2020 has created new challenges for Belarus’s economic growth. This finding is presented in the Macroeconomic Review for Belarus prepared by the Economic Analysis Department of the Directorate for Research at the Eurasian Development Bank (EDB)

In 2019, Russia’s economic growth slowed down to 1.3% from 2.5% the year before. EDB analysts note that the key factor behind this was the decline in net exports driven by weaker external demand. This suggestion is presented in The Macroeconomic Review for Russia prepared by the Directorate for Research at the Eurasian Development Bank (EDB). The Bank’s experts point out that Russia’s economic output began to recover in the second half of the year, supported by the softening of fiscal and monetary policies

igran Sargsyan has been appointed Deputy Chairman of the Eurasian Development Bank’s Management Board

ACRA affirmed the Eurasian Development Bank’s (EDB) credit rating at A-/stable on the international scale, and AAA(RU)/stable on the national scale

The amount in settlement and deposit accounts opened with the Eurasian Development Bank (EDB) currently exceeds US $440 million. Andrey Beliyaninov, Chairman of the EDB’s Management Board, told this at a lecture for Finance Faculty students of Plekhanov Russian University of Economics

Andrey Beliyaninov, Chairman of the Management Board of the Eurasian Development Bank (EDB), and Vasil Matsiusheuski, Chairman of the Management Board of Bank BelVEB discussed cooperation in the area of investment and project operations, as well as treasury, and settlement and clearing transactions

On 18-21 February 2020, the Project Unit of the Eurasian Fund for Stabilization and Development (EFSD) managed by the Eurasian Development Bank (EDB) visited Tajikistan with a mission to discuss a programme of reforms that may be supported with a financial credit from the EFSD. The mission also presented the results of research into various issues relating to Tajikistan’s economy and proposed wordings for certain structural reforms envisioned by the programme.

Andrey Beliyaninov, Chairman of the Management Board of the Eurasian Development Bank (EDB), headed the Financial Markets Academic Department at Plekhanov Russian University of Economics.