News — The EDB Fund for Digital Initiatives

EDB provided finance for Kazakhstan's largest gas supplier, KazTransGas Aimak. A KZT 7.7 billion loan agreement was signed on 1 November 2016 by Maxim Korzhov, Deputy Chairman of the Management Board at EDB, and Nurzhan Dyusembinov, General Director of KazTransGas Aimak

A survey of the preferences of different income groups in the EAEU countries suggests that higher-income citizens are more positive towards the Eurasian Economic Union (EAEU) than economically weaker groups. A total of 76% and 74% of high-income respondents in Kazakhstan and Belarus respectively support the union, compared to 65% and 57% respectively among low-income groups

EDB opened a loan facility for Transtelecom, one of Kazakhstan's leading telecommunications operators. The loan agreement for a total of KZT 4 billion was signed on 28 October 2016 by Maxim Korzhov, Deputy Chairman of the Management Board at EDB, and Saule Mukusheva, Vice President for Economics, Procurement and Commerce at Transtelecom

A survey of integration preferences among the CIS' population in 2016 has shown that the Eurasian economic integration is still supported by people in the EAEU member states and their neighbouring countries. Overall, the level of support exceeds 60%. These are the findings of the EDB Integration Barometer, a yearly research conducted by Eurasian Development Bank's (EDB) Centre for Integration Studies. In 2016, 8,500 people from seven CIS countries – Armenia, Belarus, Kazakhstan, the Kyrgyz Republic, Moldova, Russia, and Tajikistan – took part in the survey

Eurasian Development Bank (EDB), as the Resources Manager of the Eurasian Fund for Stabilisation and Development (EFSD), announces the results of the collection of applications for the first competition for EFSD grants for social projects in Armenia, the Kyrgyz Republic and Tajikistan

Eurasian Development Bank and Moscow Exchange entered into an agreement, according to which EDB will become a market maker at MOEX FX market from 1 November 2016

Foreign direct investment (FDI) stock in CIS countries continued to go down, having decreased by $2.2 billion or 5% over the year. The main reason for this in the recent years was the devaluation of the national currencies and the revaluation by companies of their earlier investments. Companies, however, tend to preserve their projects abroad, in the hope of better times, and not sell off their undervalued assets. The contribution of mutual FDI by EAEU countries to total mutual direct investments originating from CIS countries and Georgia went up from 47% in 2008 to 56%. The total accumulated amount has reached $23.7 billion. These are the findings presented in Monitoring of Mutual Investments in CIS Countries 2016, a report prepared by EDB’s Centre for Integration Studies

EDB and the Federal Corporation for the Development of Small and Medium-Sized Enterprises signed a cooperation agreement to provide comprehensive support to small and medium-sized businesses in Russia