BSTDBBlack Sea Trade and Development Bank
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Ihsan Ugur Delikanli, President of BSTDB and Khaled Al Aboodi, Chief Executive Officer and General Manager of ICD.
BSTDB, headquartered in Thessaloniki, was set by Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Turkey and Ukraine to support growth in the region by extending trade and project financing, guarantees and equity for projects developed in its member countries.
5% stake in BSTDB which has an authorized capital of EUR 3.
Proceeds under the facility will be used by BSTDB to refinance its $150 million syndicated term loan facility dated November 22, 2007 taken for general corporate funding purposes.
INECOBANK has closely cooperated with BSTDB since 2007 and I am glad to note that the new agreement is the result of
A representative of the BSTDB, Aleksey Alekseev, told Arminfo correspondent that it is already for the second time that the
16 June 2011 - S&P said on Thursday it had assigned its A long-term and A-1 short-term issuer credit ratings to Greece-headquartered Black Sea Trade and Development Bank, or BSTDB.
Bobeva has been a vice-President of the Black Sea Trade and Development Bank, BSTDB, a director of the Economy Program at the Center for Study of Democracy, a head of the Directorate for International Relations and European Integration at the Bulgarian National Bank, BNB.
BSTDB is rated A-/A-2 with stable outlook by Standard & Poor's, and A3/P2 with stable outlook by Moody's.
He recalled that Ardshininvestbank cooperates with IFC, ADB, OFID, BSTDB, KfW, WBC and other leading organizations.
Bulgaria's business sector can benefit by getting between EUR 40 M and EUR 50 M in credits from the BSTDB annually in the next three years, the ministry said with respect to a visit of a delegation.