Home Who we are BSTDB at a glance BSTDB at a glance The Black Sea Trade & Development Bank is an international financial institution with supranational status and a mandate to foster economic growth and regional cooperation amongst its Member States in the Black Sea Region. A2 / P1 / Stable A- / A2 / Positive A+ / AAA(RU) / Stable A / S1 / Stable *(Unsolicited) Target Borrowers & Projects Public and private companies with operations in one or more of the Member States. Transaction benefits Member State/s and has develop. impact. Economically sustainable / financially viable so Bank participation will be profitable and the undertaking will prove sustainable beyond BSTDB’s involvement Products & Services Lending: Short to long-term loans, typically extended in USD or EUR Guarantees Trade Finance: Firms importing from Member States and regional exporters Co-financing SME’s: Financing through credit lines to local financial intermediaries Bank equity / funds: Equity investments, looks to take stake of 5-25% Priority Sectors Energy Public utilities Environ. protection Telecoms Financial institutions Manufacturing Transport Municipal Services SME’s and Trade Finance “The ratings are based on our assessments of Black Sea Trade and Development Bank's (BSTDB's) very strong financial and moderate enterprise risk profiles. The bank's financial strength continues to underpin the ratings.” S&P Rating Services. Research Update: Black Sea Trade and Development Bank, August 11th , 2020 “Black Sea Trade and Development Bank's (BSTDB, A2 stable) credit profile is supported by its strong capital base and the strong commitment of its shareholders to support the bank” Moody’s Investors Service. Credit Opinion: Black Sea Trade and Development Bank, April 6th , 2021 Historical Portfolio Development (€ millions) Financial Statements Summary (€ 000’s) YEAR END 2017 2018 2019 2020 Assets 1,514,926 1,795,767 2,343,437 2,807,713 Liquid Assets 373,729 443,933 501,097 722,289 Loan Portfolio 1,135,081 1,330,695 1,820,941 2,042,921 Other Assets (Net) 6,116 21,139 25,949 42,503 Liabilities 756,256 994,167 1,517,578 1,965,311 Borrowings 722,592 954,030 1,496,807 1,901,714 Other Liabilities 33,664 40,137 20,771 63,597 Members Equity 758,670 801,600 830,409 843,708 Income 80,459 79,615 94,260 98,501 Interest 69,805 78,817 93,969 97,856 Other 10,654 898 291 645 Expenses 71,804 74,439 80,597 104,395 Interest 42,037 37,974 53,274 61,048 Administrative 19,741 21,175 21,517 20,783 BSTDB Capital Structure (EUR 000’s) Authorised Capital 3,450,000 Subscribed Share Capital 2,288,500 Paid In Share Capital 686,550 Reserves and Retained Earnings 157,158 Total Members Equity 843,708 Member States Capital Share Outstanding Loan Portfolio by Country Loan Portfolio by end user Sector Source: Condensed Interim FS as of 30.06.2021, management data Public documents © 2021 The Black Sea Trade and Development Bank Follow us: Contact details: 1 Komninon str., 54624, Thessaloniki, Greece Phone: (+30 2310) 290400 Fax: (+30 2310) 221796, 286590 info@bstdb.org Apply for financing BSTDB at a glance Work with us News and Media FAQ REPORT COMPLAINTS, FRAUD AND CORRUPTION Terms and Conditions Privacy