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At a Glance

The Black Sea Trade and Development Bank (BSTDB), an international financial institution with headquarters in Thessaloniki, Greece, was established by Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Turkey, and Ukraine. BSTDB started operations in June 1999 and has authorized capital of €3.45 billion. The Bank supports economic development and regional cooperation in the Black Sea Region through trade and project finance lending, guarantees, and equity participation in private enterprises and public entities in the member countries.   BSTDB is rated A-/A-2 with stable outlook by Standard & Poor’s, and A2/P1 with stable outlook by Moody's.

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News and Events News and Events

At a Glance

23 Apr 2014BSTDB supports expansion of Armenian supermarket chain
16 Apr 2014BSTDB Extends Support for Small Business Development in Albania
11 Apr 2014Joint Meeting of the BSTDB Board of Directors and BSEC Committee of Senior Officials
27 Mar 2014BSTDB Invests in Solar Energy in Romania
20 Mar 2014BSTDB to Acquire Permanent Premises in Thessaloniki
06 Mar 2014BSTDB contributes to the 8th Development Finance Institutions Annual Meeting on Corporate Governance
05 Feb 2014Moody’s upgrades BSTDB credit ratings
23 Jan 2014BSTDB supports modernization of the electricity distribution in Ukraine
07 Jan 2014BSTDB finances its first leasing operation in Turkey
20 Dec 2013IFC and BSTDB Help Unibank Expand Lending to Small and Medium Enterprises in Armenia