Almaty, 27 February 2013. The Eurasian Development Bank (EDB) and Кazyna Capital Management JSC (KCM) signed today a Memorandum of Cooperation and Understanding. The document was signed by Kanat Dosmukametov, Deputy Chairman of the EDB Management Board, and Borisbiy Zhangurazov, Chairman of the KCM Management Board
Almaty, 27 February 2013. At the Kazakhstan Institute for
Strategic Studies, Evgeny Vinokurov, Director of the Centre for Integration
Studies of the Eurasian Development Bank (EDB), made today a presentation of the
monograph Evraziyskaya kontinentalnaya integraciya (Eurasian Continental
Integration).
Almaty, 25 February 2013. Tajikistan is working proactively with international water resources and hydropower experts to assess the technical possibility, economic feasibility and environmental safety of hydropower projects, including the project to construct the Rogun hydroelectric power plant (HPP)
In 2012 the Bank’s investment portfolio increased by US $1,127 million (up by 34%) to US $4,593 million. Its assets totalled US $3,884 million (up by 37%).
Almaty, 20 February 2013. Eurasian Development Bank (EDB) rated A3 by Moody’s, BBB by S&P and BBB by Fitch and having a SOV/CCO buyer rating from the Organisation for Economic Cooperation and Development (OECD) published its financial statements for 2012 prepared in accordance with the IFRS. The statements were audited by KPMG Audit, an independent auditor
Almaty, 21 February 2013. Eurasian Development Bank and Belarusbank will jointly finance the investment project to construct a small section rolling mill at the Byelorussian Steel Works, the management company of the Byelorussian Metallurgical Company, in Zhlobin, Belarus. The banks stated this in their Framework Agreement signed by Sergei Pisarik, Chairman of the Management Board at Belarusbank, and Gennady Zhuzhlev, Deputy Chairman of the Management Board at EDB
Almaty, 19 February 2013. Eurasian Development Bank (EDB) was assigned a status of an «outreach partner» for the period of Russia’s presidency of the G20 in 2013.
This form of partnership is used to promote the G20’s initiatives among the countries which are not members of the group and envisages the involvement of certain countries and international institutions in the G20 events. The selection criteria include the countries and institutions’ belonging to a certain region, their potential contribution to the discussion and the readiness of the G20 partners to work with them
Moscow, 15 February 2013. Eurasian Development Bank’s (EDB) delegation headed by Igor Finogenov, Chairman of the Management Board, is taking part in the G20 finance ministers and central banks governors’ meeting, which opened today in Moscow.
The meeting welcomes heads of the largest international organisations and financial institutions, including the UN, the OECD, the EU, the IBRD, and the IMF. They will discuss global economic risks and measures to ensure stable economic growth and address global imbalances. Also on the agenda are the problems associated with financing investment in the context of instability and economic shocks and the reform of the international financial architecture.
The participants will also discuss how to coordinate activities in order to ensure an effective operation of the international monetary system. This agenda includes post-crisis borrowings, debt management and the strengthening of regional security networks and financial regulation
Almaty, 12 February 2013. Eurasian Development Bank (EDB) and the Kazakhstan-Tajikistan Private Equity Fund (KTPEF) signed today in Dushanbe a memorandum of cooperation and understanding. The document was signed by Kanat Dosmukametov, Deputy Chairman of the EDB Management Board, and Mukan Sagindykov, Chairman of the Board at KTPEF, during the roundtable on investment cooperation held in the framework of the EDB delegation’s official visit to Tajikistan
Dushanbe, 12 February 2013. Fostering investment cooperation between Tajikistan and Eurasian Development Bank (EDB) has become the main topic of a roundtable held today in Dushanbe in the framework of the EDB management’s visit to Tajikistan