Mandate

To foster economic growth and regional cooperation through the financing of projects and provision of financial services for public and private entities in the Black Sea Region.

Target borrowers and projects

• Public and private companies with operations in one or more of the Member States;
• Transactions, which benefit Member States and have a development impact;
• Economically sustainable and financially viable projects;
• Projects, which promote regional cooperation.

Products & Services

• Lending: Short to long-term loans, typically extended in USD or EUR;
• Trade finance: Extended to firms importing from Member States and to regional exporters;
• Credit lines to local financial intermediaries to support small and medium-sized enterprises (SMEs);
• Mortgage Facilities: Loans to financial intermediaries to finance mortgage lending;
• Equity funds and investments;
• Guarantees;
• Co-financings.

Pricing

• BSTDB is not a profit maximizing organization; operations are priced according to risk with reference to market pricing;
• The Bank does not provide grant financing or concessional lending.

Sectors

• Energy
• Manufacturing
• Public utilities
• Financial institutions
• Telecommunications
• Transport
• Municipal services
• Environmental protection
• SMEs