1,700 projects, 11 countries and 10 international financial institutions: EDB develops a database to analyse non-sovereign financing in the Eurasian region
Over 1,700 projects approved by international financial institutions in 11 Eurasian countries over the past 16 years, with over 50 parameters analysed in each project.
Almaty, 6 December 2024. The Eurasian Development Bank (EDB) has developed a non-sovereign financing database to track investments by international financial institutions (IFIs) in Eurasian countries.
The Non-Sovereign Financing Database (NSF Database) will be updated quarterly, enabling timely monitoring and analysis of non-sovereign financing in the region.
Non-sovereign financing of IFIs is aimed at stimulating the economic development of countries as well as regions. The importance of non-sovereign financing for the economies of the Eurasian region is due to the absence of a burden on public finances, the promotion of private sector development and the accumulation of additional private capital.
The EDB’s database consolidates publicly available data on non-sovereign operations by IFIs in the region, including the Asian Development Bank (ADB), the Asian Infrastructure Investment Bank (AIIB), the Eurasian Development Bank (EDB), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), the New Development Bank (NDB), the Black Sea Trade and Development Bank (BSTDB), the International Bank for Economic Co-operation (IBEC), the International Investment Bank (IIB) and the International Finance Corporation (IFC).
The NSF Database offers Eurasian governments and the expert community a comprehensive overview of non-sovereign investments from international financial institutions in the region. Evgeny Vinokurov, EDB Chief Economist, emphasised the database’s significance for the region: “Using the database is very intuitive. It enables analysis by instrument, sector, currency and many other parameters. It is also possible to analyse IFIs’ green projects in the region and assess the effectiveness of projects. Additionally, as the NSF database includes projects dating back to 2008, users can identify long-term trends in development project financing. That is why it can assist governments in formulating policies on development financing.”
Currently, the database covers IFI operations in the following Eurasian countries: Armenia, Azerbaijan, Belarus, Georgia, Kazakhstan, Kyrgyzstan, Mongolia, Russia, Tajikistan, Turkmenistan and Uzbekistan. It contains data on 1,712 IFI operations in these countries from 2008 to 2023, enabling users to rank and search projects based on parameters such as:
- recipient countries;
- names of IFIs and borrowers;
- financing sectors;
- project status;
- financing amounts in the currencies of operations;
- project outcomes and environmental effects.
The EDB’s database will be of interest to:
- development institutions looking to expand their activities in the region;
- businesses and government agencies seeking to improve interaction with IFIs and making policies on development financing;
- experts and the academic community in their quantitative analysis of IFI activities in the region;
- journalists preparing materials on the economy and finance.
The EDB has created an interactive dashboard accessible on the EDB website based on the information accumulated in the NSF Database.
The full report, presentations and additional materials are available on the EDB website.
For questions or suggestions, please contact research@eabr.org.
Additional Information:
The Eurasian Development Bank (EDB) is a multilateral development bank investing in Eurasia. For over 18 years, the Bank has worked to strengthen and expand economic ties and foster comprehensive development in its member countries. The EDB's charter capital totals US$7 billion. Its portfolio consists principally of projects with an integration effect in transport infrastructure, digital systems, green energy, agriculture, manufacturing and mechanical engineering. The Bank adheres to the UN Sustainable Development Goals and ESG principles in its operations.
The EDB Media Centre:
+7 (727) 244 40 44, ext. 6148 and 3730pressa@eabr.org