BSEC Established

25 June 1992

BSTDB Agreement

24 January 1997

Inaugural Meeting

5-6 February 1998

Start of Operations

1 June 1999

First Project Signed

December 1999

Treasury Operations

March 2000

Observer Status World Bank

May 2000

The Bank obtains from Moody’s Investors Service initial investment grade ratings of long term Baa2 and short term rating of P2

March 2004

First syndicated borrowing from international commercial banks

May 2004

BSTDB grants observer status to KfW Banking Group (Germany)

May 2006

BSTDB credit rating upgraded to Baa1 by Moody's

October 2006

Shareholders decide to increase the authorised capital of the Bank from SDR 1 billion to SDR 3 billion (approx. USD 4,8 billion)

December 2007

BSTDB grants Observer Status to the European Investment Bank, Development Bank of Austria and the Association of European Development Finance Institutions

June 2008

Additional BSTDB shares worth SDR 1 billion (appx. USD 1,5 billion) fully subscribed and allocated by existing shareholders

October 2008

Technical Cooperation Special Fund established with the Development Bank of Austria

October 2008

BSTDB grants Observer Status to the Nordic Investment Bank

October 2008

First bond issue

May 2009