Black Sea Trade and Development Bank

The Black Sea Trade and Development Bank (BSTDB) is an international financial institution with headquarters in Thessaloniki, Greece, established by Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Türkiye, and Ukraine. It 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. It is rated BBB+/Stable/A-2 by Standard & Poor's and Baa2/P-3/Positive by Moody's. BSTDB states it is distinct from and in no way affiliated with the Black Sea Bank of Development and Reconstruction located in Simferopol (Crimea).

The Black Sea Trade and Development Bank (BSTDB) is an international financial institution with headquarters in Thessaloniki, Greece, established by Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Türkiye, and Ukraine. BSTDB started operations in June 1999 and has authorized capital of €3.45 billion. The Bank's capital base was increased by governors to EUR 2.45 billion in Dec 2007, exclusively dedicated to the countries of the Black Sea Region. BSTDB states that it is an International Financial Institution established by virtue of an international treaty registered with the UN, and that it is distinct from and in no way affiliated with the Black Sea Bank of Development and Reconstruction, located in Simferopol (Crimea).

Combining resources of a developmental bank with the flexibility of a commercial institution.

• Loans

  Tailor-made project, corporate or credit line loans to suit public or private entities' needs at fair rates and with the benefit of the most sophisticated financial techniques available.

• Guarantees

  For the public and private sector in a broad range of circumstances.

• Equity investment

  For private entities to attain additional private capital from external sources.

• Trade finance

  For local financial institutions to begin or expand trading and provide better services and a broader range of financial products.

• SMEs

  For financing to support and facilitate growth and stability for SMEs at affordable rates.

1. 1Black Sea Trade and Development Bankbstdb.org
2. 2Who we are | The Black Sea Trade and Development Bank.bstdb.org
3. 3Work with us | The Black Sea Trade and Development Bank.bstdb.org
4. 4What we offer | The Black Sea Trade and Development Bank.bstdb.org