News — The EDB Fund for Digital Initiatives

Almaty, 11 September 2013. Eurasian continental integration was in the focus of the representative Eurasia 2013 Forum organised by the Emerging Markets Forum and Nazarbayev University in Astana. On Wednesday this issue was discussed at the session Regional Cooperation in the Eurasian Region and Developing Regional Trade and Investments. The session was moderated by Sergey Shatalov, Deputy Chairman of the Management Board at Eurasian Development Bank (EDB).

The participants in the discussion stated that economic ties on the Eurasian continent are undergoing fundamental changes. “The web of ties between Europe, North and Central Eurasia, South and Southeast Asia becomes increasingly dense,” said Evgeny Vinokurov, Director of the EDB Centre for Integration Studies, at the forum. “It is particularly visible in the area of trade and investment. Here Eurasia becomes not only more integrated, but also increasingly multipolar: Chinese and Russian transnational companies are now serious players all over the continent”

The leading investor is Russia and the leading investee is Ukraine.

St. Petersburg, 10 September 2013. The accumulated mutual foreign direct investments (FDI) between the CIS countries and Georgia have reached almost US $54 billion, up 32% over three post-crisis years. This figure is stated in the annual report Monitoring of Mutual Investments in the CIS Countries 2013 by Eurasian Development Bank’s (EDB) Centre for Integration Studies

Almaty, 9 September 2013. Eurasian Development Bank (EDB) signed today a loan agreement with NBD Bank. According to it, EDB will provide to NBD Bank the second loan of RUB 96 million to finance small and medium-sized businesses (SMB). The document was signed by Dmitry Krasilnikov, Managing Director for Corporate Finance at EDB, and Alexander Sharonov, Chairman of the Board at NBD Bank

St. Petersburg, 5 September 2013. Eurasian Development Bank’s (EDB) Centre for Integration Studies has come to a conclusion that Armenia’s choice of the Customs Union (CU) as its integration partner will produce a positive short-term economic effect of 4% GDP. Attracting large-scale targeted investments in the resolution of transport and power infrastructure problems will lay the foundation for long-term sustainable growth of the national economy. Evgeny Vinokurov, Director of the Centre for Integration Studies, stated this today

ALMATY, September 5 (Itar-Tass) - Armenia’s short-term economic benefit from joining the Customs Union of Russia, Belarus and Kazakhstan might amount to four percent of its GDP, Yevgeny Vinokurov of the Eurasian Development Bank’s Integration Study Centre said on Thursday

Almaty, 4 September 2013. Eurasian Development Bank`s (EDB) delegation, headed by the Deputy Chairman of the Board Sergei Shatalov, visited Yerevan on September 3, 2013. During the visit issues on the EurAsEC Anti-Crisis Fund (ACF), which resources EDB manages, were generally considered

Armenia will get $100 million from a Eurasian Economic Community anti-crisis fund, a Eurasian Development Bank official said Wednesday.

The 556-km corridor, designed to improve transport links between Europe, the Caucasus and Asia, in particular between Eastern Europe and western Asia, is to be completed by 2017

Almaty, 3 September 2013. Eurasian Development Bank (EDB) has become a fully-fledged member of the International Financial Institutions Group (IFI Group) for Personnel Management. This decision was made at the 17th annual meeting of the IFI Group for Personnel Management, which took place last week in London

Almaty, 30 August 2013. Eurasian Development Bank’s (EDB) delegation headed by Vladimir Yasinsky, Managing Director for Research, took part in the high-level dialogue on Macroeconomic Policies for Sustainable and Reliable Growth in North and Central Asia, which took place this week in Almaty