Zhantoro Satybaldiyev, Prime Minister of Kyrgyzstan, had a meeting on 17 May with Igor Finogenov, Chairman of Eurasian Development Bank’s (EDB) Management Board. According to the press service of the Kyrgyz government, the parties discussed their plans for developing cooperation.
The Prime Minister expressed his contentment with the opening of the EDB representative office in Bishkek. “The opening of the Bank’s representative office will help improve business climate in the country and develop the banking sector. I am convinced that close cooperation with the Bank will make it possible to fulfil a number of promising projects,” said the head of the government.
Igor Finogenov pointed out that the Bank had serious and long-term plans in the Kyrgyz market. He said that the first results of the Bank’s work in Kyrgyzstan were already visible. In particular, EDB had provided a loan to develop the country’s power sector and signed an agreement with Aiyl Bank on agricultural equipment supplies from Russia for lease
Almaty, 17 May 2013. The official opening of Eurasian Development Bank’s (EDB) representative office in Kyrgyzstan took place today in Bishkek. Igor Finogenov, Chairman of the EDB Management Board, and Joomart Otorbayev, First Vice Prime Minister of the Kyrgyz Republic, took part in the ceremony
Almaty, 15 May 2013. Rashid Kadyrov was appointed as director of Eurasian Development Bank’s (EDB) Representative Office in Dushanbe. He will be in charge of arranging finance for the Bank’s investment projects in Tajikistan
Moscow, 14 May 2013. Eurasian Development Bank (EDB) has provided to Gaztekhleasing the first tranche of the loan in the amount of more than RUB 160 million to finance the project to develop in Russia a network of compressed natural gas (CNG) and multi-fuel filling stations using the financial lease mechanism
Almaty, 8 May 2013. Eurasian Development Bank’s (EDB) delegation will take part in the European Bank for Reconstruction and Development’s (EBRD) Annual Meeting, which will take place in Istanbul on
Almaty, 6 May 2013. On Friday, the Eurasian Development Bank (EDB), as the Resources Manager of the EurAsEC Anti-Crisis Fund (ACF), and the Asian Development Bank (ADB) signed a framework agreement on the joint financing of investment projects. The document was signed during the Annual Meeting of the ADB Board of Governors, which took place from 2 to 5 May in Delhi, India. The EDB delegation headed by Sergei Shatalov, Deputy Chairman of the Management Board, took part in this meeting.
The agreement envisages the provision of joint finance for
projects in the countries that are members of both EDB and the ADB — Armenia,
Kazakhstan, Kyrgyzstan and Tajikistan. The document sets the approximate volume
of possible
Almaty, 30 April, 2013. Eurasian Development Bank (EDB) disbursed another tranche of the financial credit to the Republic of Belarus in the amount of US$440 million from the resources of EurAsEC Anti-Crisis Fund (ACF).
The decision to disburse the tranche was approved by the Fund Board on 30 April 2013 by way of voting in absentia, as all control targets of the fifth tranche as of 1 January 2013 were met, and the growth rates of credit to economy have slowed significantly during the first four months of the current year compared to the second half of 2012
Almaty, 30 April 2013. Eurasian Development Bank (EDB) signed today an agreement with Kazakhstan’s First Wind Power Station LLP (Samruk Energy group of companies) on the provision of a ten-year loan facility for a total of KZT 14.2 billion (about US $94 million). The project will construct the first wind power plant in the town of Yereimentau in Kazakhstan’s Akmola Region with a capacity of 45 MW
The first wind power plant in the town of Yereimentau in Kazakhstan’s Akmola Region with a capacity of 45 MW will be constructed, the press service of the bank reports