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Who we areWho we are

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

News and Events News and Events

At a Glance

07 Aug 2015ADB, EBRD and BSTDB co-finance landmark offshore gas field in Azerbaijan
21 Jul 2015BSTDB and TOBB of Turkey Agree to Strengthen Cooperation
29 Jun 2015BSTDB Supports Development of Geothermal Energy Generation in Turkey
25 Jun 2015BSTDB Supports the Development of the Health Sector in Turkey
21 Jun 2015BSTDB Concludes the 17th Annual Meeting of the Board of Governors
19 Jun 2015BSTDB Partners with TBC Bank to Support Small Business in Georgia
19 Jun 2015BSTDB Enhances Support for the SME Sector in Georgia
19 Jun 2015BSTDB Supports Women Entrepreneurs in Georgia
11 Jun 2015BSTDB Meets with the Government of Greece to Discuss the Bank's Country Strategy
28 May 2015BSTDB establishes a EUR 1 billion Medium Term Note Programme