News — The EDB Fund for Digital Initiatives

TÜV AUSTRIA, a global leader in certification, has audited the Eurasian Development Bank’s (EDB) information security system and certified its compliance with the international standard ISO/IEC 27001:2013.

The staff of the Eurasian Fund for Stabilization and Development (EFSD) Project Unit, managed by the Eurasian Development Bank (EDB), participated in a seminar on the toolkit of the International Monetary Fund (IMF), through which the institute responds to the pandemic. The seminar is organized for the Regional Financing Arrangements (RFA) as part of further development of a comprehensive dialogue between the RFAs and the IMF

The Eurasian Development Bank (EDB) is ready to consider participation in financing import substitution projects in the Eurasian Economic Union (EAEU). This was discussed at a working meeting between Andrey Belyaninov, Chairman of the EDB Management Board, and Artak Kamalyan, Minister in charge of Industry and Agriculture at the Eurasian Economic Commission (EEC)

The Eurasian Development Bank (EDB) has extended the repayment schedule for the Russian-Kyrgyz Development Fund (RKDF). The decision was made in connection with the anti-crisis measures adopted by the RKDF to support its borrowers amid the complicated situation caused by the global coronavirus pandemic

In pursuance of the best international practices and requirements for information security, the Bank has completed the implementation of an information security management system that complies with the international standard ISO/IEC 27001:2013 Information Technology – Security Techniques – Information Security Management Systems – Requirements

The Eurasian Development Bank (EDB) has successfully placed its Series 001P-07 bonds for a total of RUB 10 billion on Moscow Exchange.

The Eurasian Development Bank (EDB) purchased bonds of the Kazakhstan Electricity Grid Operating Company (KEGOC) for more than KZT 8 billion.

The Eurasian Development Bank (EDB) and the Russian Export Centre (REC) launch a joint lending programme to support businesses in the Bank’s member countries. The sides signed a memorandum to that effect. The programme will finance the export of goods and services produced in Russia to other EDB member states – Armenia, Belarus, Kazakhstan, the Kyrgyz Republic, and Tajikistan. Borrowers will be offered soft lending conditions in respect of funds extended by the EDB and REC.