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.
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.
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.
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").
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.
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.
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.