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Press releases

  15 November 2017 - OeEB invests USD 25 million in Fund

The investment will support business practices that contribute to biodiversity conservation and the sustainable use of natural resources in Latin America more

  20 April 2017 - Frontier Energy II Achieves First Close of USD 116 million

Frontier Investment Management has achieved first closing of Frontier Energy II, an investment fund focused on developing, constructing and operating renewable energy projects in Sub-Saharan Africa. more

  11 April 2017 - OFID, OeEB and DEG team up to support Sri Lankan MSMEs through Seylan Bank PLC

Seylan Bank PLC (Seylan) of Sri Lanka has signed a term loan agreement with the OPEC Fund for International Development (OFID), the Development Bank of Austria (OeEB) and the German development finance institution DEG - Deutsche Investitions- und Entwicklungsgesellschaft mbH - to promote development and economic growth through micro, small and medium enterprise (MSME) support in Sri Lanka. Alpen Capital introduced this transaction to OFID, who in the context of the recent Cooperation Agreement between both development finance institutions, extended an invitation to OeEB. more

  14 March 2017 - OeEB contributes EUR 420,000 to SANAD Technical Assistance Facility to support refugees in Jordan, Lebanon

The Technical Assistance Facility of the SANAD Fund for MSME has received a EUR 420,000 contribution from OeEB, the Development Bank of Austria, which is funded by the Austrian Ministry of Finance. The contribution is earmarked for projects in Jordan and Lebanon that support refugees, displaced persons, and local communities negatively affected by the refugee crisis. The contribution could finance measures such as studies, training, or direct technical assistance to financial institutions in areas that include product development. more

  1 February 2017 - Empowering Development Amidst the Crisis in Tajikistan

The Credit Guarantee Fund Tajikistan (CGFT) now cooperates with six partner financial institutions and has passed USD 13 million in guaranteed loan disbursement. more

  31 May 2016 - USD 149 million in loans for Alisios Holdings, S.A. in Costa Rica: four wind projects

The Alisios Wind Projects, owned and sponsored by Globeleq Mesoamerica Energy (Wind) Limited ("GME"), a subsidiary company of Globeleq Generation Limited and Mesoamerica Power Ltd., have secured USD 149 million in long-term debt financing. more

  12 November 2015 - OeEB invests EUR 10 million in SANAD broadening the funding base for micro, small and medium enterprises

The SANAD Fund for MSME (SANAD) has received EUR 10 million in additional funding from Oesterreichische Entwicklungsbank (OeEB), the development bank of Austria. The amount will be invested in the senior tranche of SANAD's debt sub-fund to strengthen the fund's capital base and increase support for its partner institutions in the Middle East and North Africa (MENA). The investment will have the effect of facilitating more than 3,500 new loans to local micro, small and medium enterprises (MSMEs) in the region. more

  12 June 2015 - OeEB invests in Caucasus Clean Energy Fund I (CCEF)

On 12 June 2015, Schulze Global Investments Limited hosted a Signing Ceremony in Tbilisi to inaugurate a new private equity fund under the name Caucasus Clean Energy Fund I (CCEF), together with the Global Energy Efficiency and Renewable Energy Fund ("GEEREF") and Oesterreichische Entwicklungsbank AG, the Development Bank of Austria ("OeEB"). more

  8 January 2015 - OeEB provides Renewable Energy and Energy Efficiency Loan to TSKB

Industrial Development Bank of Turkey (TSKB) has obtained a EUR 20 million loan from Oesterreichische Entwicklungsbank (OeEB). more

  26 November 2014 - USD 30 million syndicated loan for FINCA Azerbaijan

FINCA Azerbaijan received a USD 30 million multi-currency syndicated loan facility arranged by the Netherlands Development Finance Company (FMO) with participation of Oesterreichische Entwicklungsbank AG (OeEB), with each institution contributing USD 15 million. An additional USD 10 million commitment from international commercial investors/asset managers is also expected. more

  30 September 2014 - OFID and OeEB launch strategic partnership

The OPEC Fund for International Development (OFID) and Oesterreichische Entwicklungsbank AG (OeEB) strengthened their longstanding partnership by signing a Cooperation Agreement. The agreement is designed to encourage co-financing between the two Vienna-based institutions and promote the exchange of ideas and information. more

  11 June 2014 - Green Energy Finance in Southeast Europe: OeEB makes EUR 20 million available to GGF

Oesterreichische Entwicklungsbank AG (OeEB), the Development Bank of Austria, is providing the Green for Growth Fund, Southeast Europe (GGF) with fresh funding totalling EUR 20 million. The investment will serve to develop renewable energy projects and improve energy efficiency in Southeast Europe to enhance climate protection in this part of the globe. more

  13 January 2014 - XacBank receives USD 15 million from OeEB for lending to micro, small and medium-sized enterprises

XacBank and Oesterreichische Entwicklungsbank (OeEB, the Development Bank of Austria) signed a USD 15 million long term loan agreement. It is the first direct investment in Mongolia from OeEB. This loan increases the amount of sustainable funds which provide long-term growth to XacBank. more

  17 December 2013 - Austria and GGF alleviate Albania’s energy deficit with joint renewable energy project

Austrian enso hydro GmbH erects small hydropower plant, Oesterreichische Entwicklungsbank AG (OeEB) finances project jointly with Green for Growth Fund, Southeast Europe more

  01 July 2013 - USD 62.5 million syndicated loan for PRASAC

On 28 June 2013 PRASAC, the leading micro finance institution in Cambodia, marked its debut in the syndicated loan market with a USD 62.5 million facility. The transaction is reported to be the single largest ever micro finance syndicated facility worldwide. more

  27 May 2013 - ProCredit Bank Georgia and OeEB signed a credit line agreement

On 21 May 2013 representatives of ProCredit Bank Georgia and Oesterreichische Entwicklungsbank (OeEB) signed their first direct funding agreement at ProCredit Bank Georgia’s new head office in Tbilisi. more

  27 May 2013 - IFC, Development Bank of Austria Partner to Increase Sustainable Energy Investment in East Africa

IFC, a member of the World Bank Group, today announced an agreement with Oesterreichische Entwicklungsbank (OeEB), the Development Bank of Austria to increase sustainable energy investment in Sub-Saharan Africa, starting with Kenya, Tanzania, Uganda and Rwanda. OeEB agreed to contribute EUR 2 million to support project development, capacity building and assistance to financial institutions under the Africa Sustainable Energy Facility. more

  3 November 2011 - Inecobank signs a joint agreement with DEG and OeEB attracting USD 10 million for SME development

In the framework of joint agreement with DEG (Deutsche Investitions und Entwicklungesellschaft MBH) and OeEB (Oesterreichische Entwicklungsbank AG) Inecobank will receive USD 10 million financing to promote development of SME sector in Armenia. more

  12 October 2011 - DemirBank receives USD 25 million from OeEB, FMO and other lenders to support entrepreneurs in Azerbaijan

The Netherlands Development Finance Company (FMO) arranged a USD 25 million loan to Azerbaijan’s oldest bank DemirBank. more

  26 September 2011 - Renewable-Energy Investment in Honduras Will Help Power Thousands of Households

IFC, a member of the World Bank Group, and Oesterreichische Entwicklungsbank AG (OeEB) are providing US-Dollar 98 million in financing for Compañía Hondureña de Energía Renovable S.A. (COHERSA), to construct the largest private hydropower project in Honduras, which will promote clean energy and help the country meet its growing power needs. more

  23 September 2011 - Leading Development Finance Institutions Launch Corporate Governance Framework to Support Emerging Markets

The leaders of more than 25 development finance institutions today will adopt the Corporate Governance Development Framework, a common set of guidelines to support sustainable economic development in emerging markets. more

  23 September 2011 - New Report Finds International Finance Institutions Critical for Job Creation in Emerging Markets

A new report finds that international finance institutions play a key role in catalyzing job creation and growth through the private sector in emerging markets, particularly as governments face increased pressure on public resources. more

  05 April 2011 - AccessBank receives USD 10 million from OeEB and FMO

AccessBank in Azerbaijan has received the first tranche of USD 10 million from OeEB and FMO under a USD 20 million syndicated loan. more

  02 March 2011 - European Development Finance Institutions join forces to fight climate change

OeEB provides 5 million Euros for Interact Climate Change Facility (ICCF) more

  06 Dec 2010 - IFC and OeEB sign Master Cooperation Agreement

IFC and Oesterreichische Entwicklungsbank (OeEB) sign Master Cooperation Agreement to Speed up Financing of Projects in Developing Countries. more

  02 Dec 2010 - International financial institutions support Turkish entrepreneurs

Euro 95 million credit line to support private business development. more

  09 Oct 2010 - IFC and OeEB to support Smaller Enterprises in Eastern Europe and Central Asia

OeEB and the International Finance Corporation (IFC) sign two contracts worth over 3.2 million Euro in a ceremony in Washington, D.C. more

  22 Dec 2009 - EFSE expanding to four more countries of the European Eastern Neighbourhood Region

EFSE to include Armenia, Azerbaijan, Georgia and Belarus. more

  28 Sep 2009 - OeEB - Standard & Poor's Rating for Oesterreichische Entwicklungsbank AG

AA+ Longterm Rating/Stable outlook expected more

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