EDB adopts flexible interest rates

Almaty, 12 February 2016. The Management Board of Eurasian Development Bank (EDB) decided to adopt a flexible system of interest rates. This will allow setting most attractive and competitive interest rates for investment projects in the Bank's focus of attention. These are, in the first place, projects aimed at economic integration and deeper industrial cooperation between the member states, as well as national development projects.

In the context of macroeconomic instability, lower economic activity and more complicated access to financial markets, EDB's flexible pricing strategy will help to factor in all peculiarities of investment projects with an integration effect and offer their originators an optimum structure and financing costs. 

The Bank's proposal is, in the first place, for companies that run integration projects in the areas of energy, mechanical engineering, the chemical sector, mining, oil and gas, and infrastructure.

Additional Information about the Bank:

Eurasian Development Bank (EDB) is an international financial institution founded by Russia and Kazakhstan in January 2006 with the mission to facilitate the development of market economies, sustainable economic growth, and the expansion of mutual trade and other economic ties in its member states. EDB's charter capital totals US $7 billion. The member states of the Bank are the Republic of Armenia, the Republic of Belarus, the Republic of Kazakhstan, the Kyrgyz Republic, the Russian Federation, and the Republic of Tajikistan.

Read more at https://eabr.org/ 

EDB Media Center:
+7 (727) 244 40 44 ext. 6147 (Almaty)
+7 (495) 645 04 45 ext. 2732 (Moscow)
e-mail: pressa@eabr.org