Press release
BSTDB WILL HOLD ITS ANNUAL MEETING AND A REGIONAL ECONOMIC FORUM IN THESSALONIKI ON THE OCCASION OF ITS 10TH ANNIVERSARY
The Black Sea Trade and Development Bank (BSTDB) will hold its 11th Annual Meeting of the Board of Governors in Thessaloniki, Greece on June 14, 2009. On the same day the Bank will host a Regional Economic Forum to discuss the prospects for the Black Sea Region with national policy makers and development finance institutions.
The event is organized on the occasion of the 10th anniversary of the BSTDB activities in the Region. Participation is free for all interested parties and media.
The updated program of the Economic Forum and participation details are available at www.bstdb.org
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The Black Sea Trade and Development Bank (BSTDB) is an international financial institution established by Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Turkey, and Ukraine. The BSTDB headquarters is in Thessaloniki, Greece. BSTDB supports economic development and regional cooperation by providing loans, credit lines, equity and guarantees for projects and trade financing in the public and private sectors in its member countries. The recently increased authorized capital of the Bank is SDR 3 billion (approx. USD 4,85 billion). BSTDB is rated Long Term Baa1 with positive outlook and Short Term P2 by Moody’s
