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Who we are


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 by Standard & Poor’s, and A2/P1 by Moody's.

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News and Events


28 Jun 2017BSTDB provisional admittance to COP23 on Climate Change
27 Jun 2017BSTDB Issues its Debut Local Currency Bond in Armenia
22 Jun 2017BSTDB Provides First Local Currency Loan in Russia
15 Jun 2017BSTDB to Issue Local Currency Bond in Armenia
15 Jun 2017BSTDB Delegation Concludes Mission to Azerbaijan
01 Jun 2017BSTDB Signs MOU with Russian Federal SME Corporation
26 May 2017The First Balkans and Black Sea Cooperation Forum concludes with a Declaration on Sustainable Tourism
22 May 2017BSTDB Participates in the 25th Anniversary Summit of BSEC

Annual Report 2015

Financial Statements for 2016

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