Complex sentence: The Eurasian Development Bank (EDB) is a regional development bank established by the Russian Federation and the Republic of Kazakhstan in January 2006 to promote economic development and facilitate integration in Eurasia.
Split into simpler sentences: The Eurasian Development Bank (EDB) is a regional bank founded by the Russian Federation and the Republic of Kazakhstan in January 2006. It was created to promote economic development and facilitate integration in Eurasia.