News — The EDB Fund for Digital Initiatives

Since the end of 2019, the Eurasian Development Bank (EDB) and the Moscow Exchange have been working to include the National Bank of the Republic of Kazakhstan’s (NBK) short-term notes in the collateral for repo transactions. This has made it possible for Kazakhstan’s investors to attract Russian roubles, dollars and euros on the Moscow Exchange.

The Eurasian Development Bank (EDB) set a revolving limit of US $40 million for Bank BelVEB to issue guarantees for the export and import transactions of its clients

The Eurasian Development Bank’s (EDB) analysts forecast the Kyrgyz Republic’s GDP growth to slow down in 2020. This finding is presented in the Macroeconomic Review published by the EDB’s Directorate for Research.

In 2020, Kazakhstan’s economic activity is expected to weaken amid growing external risks. This finding is presented in the Macroeconomic Review disseminated by the Directorate for Research at the Eurasian Development Bank (EDB).

S&P Global Ratings affirmed the Eurasian Development Bank’s (EDB) long- and short-term credit ratings at ‘BBB/A-2’ as well as its 'kZAAA’ national scale rating and revised the outlook from Stable to Negative

The Eurasian Development Bank (EDB) projects Armenia’s GDP growth to slow to 5.6% in 2020, as the low base effect will peter out in the ore mining sector and net exports will decline because of the weak external demand. This finding is presented in The Macroeconomic Review for Armenia published by the Directorate for Research at the EDB

The worsened external environment in early 2020 has created new challenges for Belarus’s economic growth. This finding is presented in the Macroeconomic Review for Belarus prepared by the Economic Analysis Department of the Directorate for Research at the Eurasian Development Bank (EDB)

In 2019, Russia’s economic growth slowed down to 1.3% from 2.5% the year before. EDB analysts note that the key factor behind this was the decline in net exports driven by weaker external demand. This suggestion is presented in The Macroeconomic Review for Russia prepared by the Directorate for Research at the Eurasian Development Bank (EDB). The Bank’s experts point out that Russia’s economic output began to recover in the second half of the year, supported by the softening of fiscal and monetary policies

igran Sargsyan has been appointed Deputy Chairman of the Eurasian Development Bank’s Management Board