News – Eurasian Development Bank

Belarus has a stable niche in the integration architecture of the Eurasian Economic Union (EAEU, Union) and the international division of labour as a whole. Belarus’s trade is mainly focused on EAEU countries. The country has the highest index of foreign trade with EAEU countries (over 50%) among Union members. This finding is presented in the report entitled Main Tendencies in Belarus’s Integration Development in 2019 prepared by the Eurasian Development Bank’s (EDB) Centre for Integration Studies

Armenia has maintained the pace of its integration development within the Eurasian Economic Union (EAEU). This finding is presented in the report entitled Main Tendencies in Armenia’s Integration Development in 2019 prepared by the the Eurasian Development Bank’s (EDB) Centre for Integration Studies

The Council of the Eurasian Development Bank (EDB) held an in-person videoconference meeting. The meeting was chaired by Askar Mamin, Prime Minister of Kazakhstan, and attended by plenipotentiary representatives of the Bank’s shareholders: Armen Hayrapetyan, Deputy Minister of Finance, from Armenia; Dmitry Yaroshevich, Deputy Minister of Economy, from Belarus; Baktygul Jeenbayeva, Minister of Finance, from the Kyrgyz Republic; Anton Siluanov, Minister of Finance, from Russia; and Faiziddin Qahhorzoda, Minister of Finance, from Tajikistan

The Council of the Eurasian Development Bank (EDB) appointed Nikolay Podguzov as Chairman of the Management Board. The decision was made at a meeting held in absentia

The Eurasian Development Bank (EDB) assigned a part of the mezzanine (subordinated) loan it had provided earlier for Russia’s largest infrastructure project – the construction of Central Ring Road 3 in the Moscow Region. The assignment agreement was made with the International Investment Bank (IIB) in the office of Avtodorozhnaya Stroitelnaya Korporatsiya (Road Construction Company, ASK), a project concession company, which is part of the AVTOBAN Group of Companies

TÜV AUSTRIA, a global leader in certification, has audited the Eurasian Development Bank’s (EDB) information security system and certified its compliance with the international standard ISO/IEC 27001:2013.

The staff of the Eurasian Fund for Stabilization and Development (EFSD) Project Unit, managed by the Eurasian Development Bank (EDB), participated in a seminar on the toolkit of the International Monetary Fund (IMF), through which the institute responds to the pandemic. The seminar is organized for the Regional Financing Arrangements (RFA) as part of further development of a comprehensive dialogue between the RFAs and the IMF

The Eurasian Development Bank (EDB) is ready to consider participation in financing import substitution projects in the Eurasian Economic Union (EAEU). This was discussed at a working meeting between Andrey Belyaninov, Chairman of the EDB Management Board, and Artak Kamalyan, Minister in charge of Industry and Agriculture at the Eurasian Economic Commission (EEC)

The Eurasian Development Bank (EDB) has extended the repayment schedule for the Russian-Kyrgyz Development Fund (RKDF). The decision was made in connection with the anti-crisis measures adopted by the RKDF to support its borrowers amid the complicated situation caused by the global coronavirus pandemic

In pursuance of the best international practices and requirements for information security, the Bank has completed the implementation of an information security management system that complies with the international standard ISO/IEC 27001:2013 Information Technology – Security Techniques – Information Security Management Systems – Requirements

The Eurasian Development Bank (EDB) has successfully placed its Series 001P-07 bonds for a total of RUB 10 billion on Moscow Exchange.