Black Sea Trade & Development Bank

The Black Sea Trade and Development Bank (BSTDB) is an international financial institution founded in 1999 and headquartered in Thessaloniki, Greece. Established by 11 countries in the Black Sea region, the bank aims to promote economic development and cooperation among its member states, which include Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Turkey, and Ukraine. BSTDB provides a range of financial services, including project finance loans, corporate loans, credit lines, equity investments, and trade financing products. It also offers specialized financial services such as guarantees, microfinance, venture capital, and technical assistance funds. Targeting various sectors such as energy, transport, manufacturing, telecommunications, and agribusiness, the bank plays a crucial role in supporting the growth of small and medium enterprises and enhancing regional economic integration.