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15.05.2013 | OeEB celebrates its fifth Anniversary
For the last five years OeEB has been contributing to the economic development in emerging markets thereby opening doors also for Austrian companies. On the occasion of its fifth anniversary OeEB invited high-level guests from politics and the business community to celebrate.
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20.03.2013 | Successful business year 2012: New prospects through Private Equity
OeEB finished its fifth business year providing financing in a total value of EUR 226.45 million. With this amount OeEB made a financing of projects in developing and emerging countries to the amount of EUR 1.377 million available. Moreover the new instrument private equity was in great demand in 2012.
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14.01.2013 | More and better Jobs to fight poverty
Together with international finance institutions and development banks at a conference in Washington, OeEB emphasises the urgent need to create more and better jobs in developing countries at a conference in Washington. 90 percent of these jobs are generated by the private sector.
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04.12.2012 | USD 15 Million Loan to LAAD to Enable Better Food Supply
The sustainable production of enough food to sufficiently nourish the population is one of the biggest challenges in developing countries. With its long-term loan of up to USD 15 million to the Latin American Agribusiness Development Corporation S.A. (LAAD), OeEB has made a significant contribution towards reaching this goal in Central America: the proceeds from the loan will be used to finance small and medium enterprises in the Central American agricultural sector.
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25.09.2012 | OeEB funds infrastructure and industry in West Africa
At the beginning of the year, a EUR 25 million line was signed between OeEB and the Banque Ouest Africaine de Développement (BOAD). OeEB funds have now been allocated to various industrial and infrastructure projects in West Africa.
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10.07.2012 | OeEB finances the modernisation of district heating in Prishtina
OeEB has entered into a participation of up to EUR 2.5 million in a credit line issued by the German Kreditanstalt für Wiederaufbau (KfW) in order to modernise the district heating system in Pristina. OeEB is thus contributing to both an environmentally friendly and cost efficient heating system. Together with „Energieconsulting Heidelberg“ the Austrian consultancy „iC consulenten“ will act as consultant during the implementation process.
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09.07.2012 | Credit line for ProCredit Georgia: Evaluation confirms the path
In 2008, only a few month after the conflict with Russia, OeEB and German KfW signed a credit line for the ProCredit Georgia. The total sum of the credit line amounts to USD 47.5 million, of which 49.75 % were assigned by OeEB. The evaluation now confirms OeEB the desired effects has been achieved.
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14.12.2011 | OeEB and DEG deepen their cooperation
In order to give their good working relationship a more formal framework, OeEB and the Deutsche Investitions- und Entwicklungsgesellschaft (DEG) have signed a cooperation agreement.
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02.03.2011 | OeEB provides 5 million Euros for Interact Climate Change Facility (ICCF)
OeEB agreed to jointly finance climate change and climate efficiency projects together with ten members of the Association of European Development Finance Institutions (EDFI) for private sector investments in developing and reforming economies, Agence Française de Développement and the European Investment Bank.
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08.05.2009 | OeEB signs EDFI's "Principles for Responsible Financing"
At yesterday's annual meeting in Cologne, Germany, the 16 members of EDFI, the Association of European Development Finance Institutions, including OeEB, signed a declaration on principles that all members will follow when co‐financing projects.
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