Black Sea Trade & Development Bank - BSTDB

Black Sea Trade & Development Bank - BSTDB The Black Sea Trade and Development Bank (BSTDB) is an international financial institution established by 11 countries in the Black Sea region.

The BSTDB was established in 1998 by Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Turkey, and Ukraine. The authorized capital of the Bank is EUR 3.45 billion. BSTDB is rated long term A-by Standard & Poor’s, and Baa1 by Moody's. Welcome to BSTDB (Black Sea Trade and Development Bank) of Facebook! . BSTDB
is an international financial institution supporting e

conomic development and regional cooperation by providing financing in the public and private sectors of its 11 countries of the Black Sea region
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We provide this platform to you, subject to the following Terms of Use, which may be updated by BSTDB from time to time without notice. BSTDB welcomes fans to post comments, links, photos, and videos on our page. However, fan and other third-party posts (in the form of comments, visuals, videos, or others types of materials) do NOT necessarily reflect BSTDB views or principles. While all users are expected to comply with these Terms of Use, BSTDB does not monitor every posting of content on this platform. However, we reserve the right to monitor any and all such content, and may remove or have removed any content that is inappropriate, offensive, or otherwise violates these Terms of Use. BSTDB disclaims any responsibility for any content available on or through BSTDB page, including content we may provide, submissions from third parties, and hyperlinks embedded in such BSTDB or third-party content. Be aware that BSTDB may have financial or other interests or relationships in the matters discussed on BSTDB page. Code of Conduct
BSTDB expects users of our page to be respectful. Therefore, kindly,
• do not post comments or content in any form that contain vulgar or abusive language, offensive terms, or personal attacks of any kind.
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• do not post or send us any ideas, suggestions, of or submissions that you wish to keep confidential or for which you expect to receive compensation in the event of our use or otherwise. Please note that BSTDB has the right to remove content that violates the Code of Conduct and to block abusive users. Copyright, Privacy & Other Policies

BSTDB respects the intellectual property of others, and it is our policy to investigate and respond to legitimate claims of copyright and other intellectual property infringement. All users must comply with Facebook's Terms of Use.

Climate action needs projects that are ready to be financed and development banks can help make that happen.At the Istan...
08/09/2026

Climate action needs projects that are ready to be financed and development banks can help make that happen.

At the Istanbul Climate Finance Summit, BSTDB President Dr. Serhat Köksal reaffirmed the Bank’s support for the Climate Implementation Bridge (BRIDGE) and its goal of helping turn climate priorities into bankable projects.

BSTDB is ready to contribute through project preparation, suitable financing solutions, risk mitigation and the mobilisation of additional capital.

President Köksal also thanked H.E. Murat Kurum, Minister of Environment, Urbanization and Climate Change of Türkiye, for the constructive exchange and Türkiye’s efforts ahead of .

Turning climate ambition into investment requires projects that are ready to be financed — and partnerships that can tur...
05/09/2026

Turning climate ambition into investment requires projects that are ready to be financed — and partnerships that can turn commitments into action.

Speaking at the High-Level Session of the Istanbul Climate Finance Summit, BSTDB President Dr. Serhat Köksal highlighted the importance of project readiness, effective financing structures and stronger cooperation among governments, development institutions and the private sector to mobilise capital for climate action.

Across the Black Sea region, BSTDB is supporting this transition through investments in renewable energy, energy storage, energy efficiency and green finance.

BSTDB stands fully behind the Climate Implementation BRIDGE initiative and looks forward to serving as an active, constructive and reliable implementation partner, helping translate climate priorities into bankable investments and tangible results.

Read more: https://www.bstdb.org/newsroom/bstdb-president-highlights-role-development-banks-mobilising-climate-finance

BSTDB at the 90th Thessaloniki International Fair The Black Sea Trade and Development Bank (BSTDB) is participating in t...
05/09/2026

BSTDB at the 90th Thessaloniki International Fair

The Black Sea Trade and Development Bank (BSTDB) is participating in the 90th Thessaloniki International Fair (TIF) as part of a joint pavilion under the Hellenic Chairmanship of the Black Sea Economic Cooperation (BSEC).

Together with BSEC, PABSEC, ICBSS and the BSEC Business Council, we will showcase our shared commitment to strengthening regional cooperation, connectivity, trade and sustainable development across the wider Black Sea region.

This year’s TIF is especially significant as Japan is the Country of Honour, opening new opportunities for dialogue and strenghtend economic cooperation.

For BSTDB, this international dimension resonates strongly with our growing partnership with the Japan Bank for International Cooperation (JBIC), including our USD 150 million credit line supporting reconstruction, resilience and climate-related investments in our member countries.

📍 Join us at the BSEC Joint Pavilion and discover how regional and international partnerships can create opportunities for sustainable growth.

See you at !

Over the past few days, BSTDB has hosted Secretaries General and colleagues from across the IFI community in Thessalonik...
03/09/2026

Over the past few days, BSTDB has hosted Secretaries General and colleagues from across the IFI community in Thessaloniki for the 27th Annual Meeting of IFI Secretaries.

Discussions covered governance, Board effectiveness, Annual Meeting coordination and protocol, technology and the evolving role of Secretariats, alongside practical ways to strengthen cooperation across institutions.

Learn more: https://www.bstdb.org/newsroom/bstdb-hosts-27th-annual-meeting-ifi-secretaries-thessaloniki

Across international financial institutions (IFIs), Secretaries General and their teams play an important role in suppor...
02/09/2026

Across international financial institutions (IFIs), Secretaries General and their teams play an important role in supporting effective governance and institutional continuity.

In a recorded video message opening the 27th Annual Meeting of IFI Secretaries, BSTDB President Dr. Serhat Köksal welcomed participants and stressed that increasingly interconnected challenges make cooperation among international financial institutions more important than ever.

BSTDB Secretary General Asterios Tsoukalas, addressing peers from across the IFI community, said in his opening remarks:

“The role of Secretaries General is becoming more complex and more strategic. Sharing experience across institutions can help us respond to these common challenges more effectively.”

The meeting brings together perspectives from across the IFI community on Board effectiveness, shareholder dynamics, the evolving role of Secretariats and ways to strengthen cooperation across institutions.

Representatives from international financial institutions (IFIs) responsible for Annual Meetings came together today in ...
31/08/2026

Representatives from international financial institutions (IFIs) responsible for Annual Meetings came together today in Thessaloniki for the IFIs Annual Meeting Coordinators’ Forum, held as part of the 27th Annual Meeting of the IFIs Secretaries.

Welcoming participants, BSTDB Secretary General Asterios Tsoukalas highlighted the important role Coordinators play in preparing Annual Meetings and contributing to their successful organization.

The Forum offered an opportunity to exchange practical experience on meeting organization, protocol and coordination and to share approaches and lessons learned across institutions.

How can international financial institutions (IFIs) remain effective, well governed and better connected in a more compl...
30/08/2026

How can international financial institutions (IFIs) remain effective, well governed and better connected in a more complex environment?

BSTDB will host the 27th Annual Meeting of IFI Secretaries in Thessaloniki.

Over the coming days, Secretaries General and colleagues from across the IFI community will exchange perspectives on Board effectiveness, governance, the evolving role of Secretariats, AI, the organization of Annual Meetings and closer institutional cooperation.

The Black Sea Trade and Development Bank (BSTDB) is providing EUR 30.1 million as part of an approximately EUR 229 milli...
14/08/2026

The Black Sea Trade and Development Bank (BSTDB) is providing EUR 30.1 million as part of an approximately EUR 229 million financing package for Econergy’s Părău 2 solar and battery storage project in Romania.

Combining 342 MWp of solar capacity with a 150 MW battery energy storage system, the project will expand renewable electricity generation and support a more flexible and reliable national power system.

Learn more: https://www.bstdb.org/newsroom/bstdb-backs-large-scale-solar-and-battery-storage-project-romania

A year of stronger impact, renewed identity and a new institutional home.BSTDB’s Annual Report 2025 brings together the ...
13/08/2026

A year of stronger impact, renewed identity and a new institutional home.

BSTDB’s Annual Report 2025 brings together the Bank’s work and results across the Black Sea Region, along with its financial performance and key institutional developments during the year.

Learn more about BSTDB’s work in 2025: https://bit.ly/BSTDB-AR2025

Join BSTDB and contribute to strategic and policy work in an international financial institution promoting economic deve...
06/08/2026

Join BSTDB and contribute to strategic and policy work in an international financial institution promoting economic development and regional cooperation in the Black Sea Region.

The Bank is recruiting an Officer to join its Policy and Strategy Department at its headquarters in Thessaloniki, Greece.

Candidates with experience in strategy, policy, economic or regional analysis are invited to learn more and apply by 15 September 2026: https://www.bstdb.org/current-vacancies/officer-policy-and-strategy-dps

Address

26th Octovriou & 1 Limnou Street
Thessaloníki
GR54627

Opening Hours

Monday 08:30 - 17:30
Tuesday 08:30 - 17:30
Wednesday 08:30 - 17:30
Thursday 08:30 - 17:30
Friday 08:30 - 17:30

Telephone

+302310290400

Website

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