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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


23 Nov 2017BSTDB is Granted Observer Status at the UN Climate Change Conference
23 Nov 2017BSTDB Signs its First Trade Finance Facility in Greece
22 Nov 2017BSTDB Loan for Expansion of Grain Terminal in Ukraine
03 Nov 2017New BSTDB Loan to Support Trade Finance in Russia
02 Nov 2017BSTDB Expands Support for SME Sector in Bulgaria
17 Oct 2017Launching of the Black Sea Project Promotion Facility
26 Sep 2017BSTDB Awarded as the “Best Development Financing Bank Southeast Europe 2017”
22 Sep 2017Update on Semi-Annual Accounts and Accounting Standards

Annual Report 2016

Financial Statements for 2016

Our Projects

Carreer Opportunities

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