01 November 2019
The Eurasian Development Bank (EDB) and Ereymentau Wind Power, a company of the Samruk-Energy holding company, signed a KZT 23.2 billion loan agreement to finance the construction of a 50 MW wind farm near the town of Ereymentau
30 October 2019
The Eurasian Development Bank (EDB) and the Hevel Group of Companies signed a memorandum of cooperation in respect of projects in Hungary. These include, in particular, the planned construction of solar power plants with a total capacity of 76.6 MW
28 October 2019
132 countries that are partners to the Belt and Road Initiative (BRI) account for 35% of global GDP, 43% of the global trade in goods, and 60% of the world’s population. As of mid-2019, the amount of disbursed FDI approximated $100 billion, and committed and disbursed loans reached $600 billion. The book emphasises the need to maintain fiscal and debt sustainability, assess social impact, minimise environmental risks, and improve transparency
23 October 2019
Over the decade after the 2008-2009 crisis, the Global Financial Safety Net (GFSN) and in particular its regional components have acquired increasing importance. The Eurasian Fund for Stabilization and Development (EFSD) is a key element of the GFSN in the region, accounting for approximately 20% of net financing provided to Armenia, Belarus, the Kyrgyz Republic, and Tajikistan by all international financial institutions
23 October 2019
The Eurasian Development Bank (EDB) made the first payment under a letter of credit open in the Chinese yuan under a foreign trade contract entered into by KB Enterprises with a Chinese supplier of support structures as part of the project to construct a 100 MW solar power plant near the settlement of Kabanbai Batyr in Akmola Region. Payments under the letter of credit will be made in instalments for respective shipments
15 October 2019
In August 2019, the Eurasian Development Bank (EDB) and the National Bank of the Republic of Kazakhstan signed a swap agreement to conduct medium-term RUB/KZT swaps
02 October 2019
On 30 September, the Eurasian Development Bank (EDB) placed its first two-month bond issue for a total of RUB 2 billion. The first coupon is set at 7.1% p.a. and has a spread to OFZ (the zero-coupon yield curve for federal loan bonds) of 35 basis points. The arrangers are VTB Capital and Otrkitie Bank and the placement agent is VTB Capital
01 October 2019
The Eurasian Development Bank (EDB) and the Development Bank of the Republic of Belarus (DBRB) signed a cooperation agreement to support exports from Belarus
01 October 2019
A delegation of the Eurasian Development Bank (EDB, Bank) headed by Amangeldy Issenov, Deputy Chairman of the Management Board, took part in KAZAKHSTAN ENERGY WEEK 2019/12th annual KAZENERGY Eurasian Forum in Nur-Sultan
01 October 2019
A delegation of the Eurasian Development Bank (EDB, Bank) headed by Marat Kussainov, Deputy Chairman of the Management Board, took part in the Eurasian Week International Business Forum in Bishkek
20 September 2019
Over the last ten years, developing nations’ debts have increased by more than 1.5 times and exceeded 50% of GDP. The EFSD recipient countries’ debt burden has also grown to similar levels. To ensure macroeconomic stability in the member states, the EFSD Project Unit managed by the Eurasian Development Bank (EDB) pays special attention to debt sustainability analysis
16 September 2019
On 29 November 2019, the Eurasian Development Bank (EDB) will host its 14th International Conference on Eurasian Economic Integration