Mandate & Know-how
OeEB, the official Development Bank of Austria, acts on behalf of the Federal Government.
It is specialised in realising private-sector projects that
As a wholly-owned subsidiary of Oesterreichische Kontrollbank AG (OeKB), it is a private financial entity with a public mandate. At the same time it benefits from the network and international know-how of OeKB Group.
Long-term customised financing solutions
OeEB is engaged in challenging markets, notably in developing countries. In this context, it provides tailor-made financing solutions for a diverse set of long-term investments that are usually not available in these markets.
Because of its special mandate, OeEB can assume higher risks on individual transactions, compared to commercial banks (e.g. loan volume, tenors, high-risk countries). OeEB hence complements the services of the Austrian Development Cooperation and Cooperation with Eastern Europe (ADC), the Austrian Development Agency (ADA), and the financing solutions offered by commercial banks.
OeEB may also engineer projects in countries for which an appropriate instruments would be missing otherwise. As a result, rather than competing against the commercial lending sector, the products of OeEB complement it.
Commitment to a sustainable development impact
Inasmuch as OeEB is committed to safeguarding the objectives of the Austrian Development Cooperation, all of the projects backed by OeEB are expected to contribute to a sustainable on-site development.