Black Sea Trade and Development Bank (BSTDB)

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Contact Details

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History

Established as an international financial institution by an international treaty called the Agreement Establishing the Black Sea Trade and Development Bank, signed 30 June 1994, Tbilisi (Georgia) and entered into force 24 Jan 1997 (UN registration number 36909), pursuant to Art 102 of the UN Charter. Became fully operational 1 June 1999. Financial pillar of Organization of Black Sea Economic Cooperation (BSEC).

Aims

Accelerate economic development; promote cooperation among shareholder countries; promote regional trade and project/corporate finance; facilitate the efforts of member states to create stronger links among their economies.

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Activities

Financial and/or material support; events/meetings. As the financial pillar of the BSEC, supports economic development and regional cooperation in the Black Sea Region through trade and project finance lending, guarantees, and equity participation in private enterprises and public entities in member countries. Rated A-/A-2 by Standard and Poor's, and A2/P1 by Moody's.

Structure

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Languages

English.

Staff

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Financing

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Relations with Inter-Governmental Organizations

Relations with 3 inter-governmental organizations.
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Relations with Non-Governmental Organizations

Relations with 3 non-governmental organizations.
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Publications

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Members

Members in 11 countries
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Type I Classification

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Type II Classification

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Subjects *

  • Commerce
    • Banking
    • Trade
  • Development
    • Development

UN Sustainable Development Goals **

GOAL 8: Decent Work and Economic Growth

UIA Org ID

F5680

Last News Received

13. Dec 2019
* Subject classification is derived from the organization names and aims.
** UN SDGs are linked to the subject classification.

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