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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.

News and Events News and Events

At a Glance

25 Aug 2014BSTDB’s credit ratings reaffirmed by S&P
16 Jul 2014New BSTDB President Assumes Duties
11 Jul 2014BSTDB Supports Mortgage Financing in Russia
22 Jun 2014BSTDB Loan to Small- and Medium-sized Enterprises (SMEs) in Azerbaijan
20 Jun 2014BSTDB Holds Annual Meeting Events in Sofia, Marks the 15th Anniversary of Operations
20 Jun 2014BSTDB Provides Technical Assistance to the Bulgarian Development Bank
20 Jun 2014BSTDB Expands Support for Leasing Operations in Bulgaria
09 Jun 2014BSTDB participated in the Heads of Procurement Meeting of the Multilateral Development Banks
21 May 2014Enhanced BSTDB Trade Finance Facility Helps Foreign Trade in Azerbaijan
08 May 2014BSTDB Supports Leasing in Romania