The EDB has published its financial results for 2007, as well as its audited financial results for 2007, on the web site. All results are prepared in accordance with IFRS.

The EDB has published its financial results for 2007.

An independent audit was carried out by Deloitte and has also been posted, confirming that the financial results were prepared and reported according to IFRS.

As at December 31, 2007, the Bank’s assets grew to US$1,312.85 million, or 70% higher than the previous year. The Bank’s profit grew by four times to US$39.25 million, and the charter capital grew by 37% to US$853.92 million.

In January 2008, the Russian Federation government fulfilled its obligation to the EDB by submitting the final $600 million of its contribution to the Bank, bringing Russia’s total paid in to US$1 billion and the total charter capital paid in to the Bank to US$1,404.80 million.

The Bank has received ratings from the three top international rating agencies — BBB+/BBB+/A3 from Fitch/S&P/Moody’s respectively. These ratings are in line with, or higher, than the sovereign ratings of the Bank’s founding member countries — the Russian Federation and the Republic of Kazakhstan.

Financial results and audited financial results for 2007 can be found here.