Organization Overview
Eurasian Development Bank (“EDB” or the “Bank”) is an international financial organization established to promote economic growth in its member states, extend trade and economic ties between them and to support integration in Eurasia.
The Bank was conceived by the Presidents of the Russian Federation and the Republic of Kazakhstan and established in 2006, following the signing of an international agreement by the Presidents of those two countries on 12 January that year.
The Republic of Armenia and the Republic of Tajikistan, the Republic of Belarus and the Kyrgyz Republic became full members of the Bank In 2009, 2010 and 2011 respectively.
The Bank’s activities are aimed at creating the conditions necessary for encouraging sustainable economic development, promoting integration between EDB member states and mitigating the consequences of the global financial and economic crisis.
EDB’s priorities are:
- financing investment projects that promote integration;
- helping to implement projects that support integration;
- research relating to economic integration;
- diversifying its investment portfolio across the regions of its member states.
- EDB manages the Eurasian Fund for Stabilization and Development (EFSD) Resources.
For more information about EDB please visit http://eabr.org/e/.
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Mr. Nikolai Nikolaevich Nikulin
Country Director of EDB office in Tajikistan |