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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


18 Apr 2019BSTDB Finances Syvash Wind Park in Ukraine
11 Apr 2019BSTDB Acts as Anchor Investor in the First Corporate Bond Issue in Moldova
05 Apr 2019Greek Deputy Prime Minister Meets BSTDB Management
28 Mar 2019BSTDB Boosts Support for Turkish Leasing Sector
21 Mar 2019BSTDB Expands Support for Microfinance in Albania
19 Mar 2019New BSTDB Secretary General Assumes Duties
12 Mar 2019BSTDB Invests EUR 18 million in Greece’s Aegean Airlines
12 Mar 2019BSTDB has received a rating outlook upgrade from S&P

Annual Report 2017

Financial Statements for 2017

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