Eurasian Development Bank

What Eurasian Development Bank does

Eurasian Development Bank (EDB) is a multilateral development bank established on January 12, 2006 by an interstate agreement between Russia and Kazakhstan, headquartered in Almaty, Kazakhstan. As of 2026 its seven member states are Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, and Uzbekistan, with Oman expected to join and Mongolia in negotiations. EDB provides long-term development financing, equity investments, and advisory services for infrastructure, energy, industry, agriculture, trade, and digital transformation projects, reaching cumulative investments of $19.6 billion across 326 projects by end-2025 and deploying $2.6 billion in 2025 alone. Its customer base spans member-state governments, state-owned enterprises, and selected private-sector counterparties, with a stated strategy focus on water-energy systems, Eurasian transport corridors, food security, non-resource exports, and renewable energy.\n\nEDB's core product offering is investment and development financing, supplemented by the Fund for Digital Initiatives (FCI), which has built an integrated digital ecosystem of at least 18 platforms. These include Ai SuperCloud (AI infrastructure with H100/H200 GPUs and a low-code AI agent marketplace), QazSu (national water resources system with 10 modules), Smart Turmys (housing and utilities platform), Goods Traceability, Navigation Seals for EAEU transit, the Impulse educational system, Work in EAEU (labor mobility with 876,000+ vacancies), GovStack, Third Opinion (medical diagnostics AI), and the Electronic Vehicle Passport System for Armenia and Kyrgyzstan. AI capabilities span NLP, predictive analytics, multimodal processing, autonomous agents, and process automation. Additional offerings include Islamic Finance products, ESG/Sustainable Development financing, and the EDB Analytics and Research platform.\n\nEDB's revenue mechanics are typical of a multilateral development bank: interest income on sovereign and non-sovereign loans, returns on equity investments in infrastructure and industrial projects, and transaction/advisory fees. Pricing is quote-based and not publicly disclosed, with terms negotiated bilaterally on a project basis. Distribution is exclusively direct-to-government and direct-to-enterprise via bilateral financing agreements, project finance, equity participation, and coordinated financing with partners including the Islamic Development Bank and the Eurasian Fund for Stabilization and Development. Operating geographies span Central Asia, the Caucasus, Eastern Europe, and now the Gulf (Abu Dhabi representative office opened 2025), with direct access to China's financial market achieved in 2026. The bank is regulated under international law with special legal status and is FATCA-certified as an International Organization.

Name

Eurasian Development Bank

Legal name

Eurasian Development Bank (Евразийский банк развития)

Website

https://eabr.org

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

101–250 employees

Short description

Eurasian Development Bank is a multilateral development bank established in 2006, serving seven member states (Armenia, Belarus, Kazakhstan, Kyrgyzstan, Russia, Tajikistan, Uzbekistan) with long-term financing, equity investments, and advisory services for infrastructure, energy, industry, agriculture, and digital transformation projects, cumulatively deploying $19.6 billion across 326 projects by end-2025.

Ownership category

akta.pro rank

Product category

Multilateral Development Banking

NAICS

International Affairs (928120), Public Finance Activities (92113)

SIC

Federal & Federally-Sponsored Credit Agencies (6111), International Affairs (9721)

akta.pro primary industry

National Development Banks & State Development Finance Institutions (DFIs) (BPADACAC)

akta.pro secondary industries

Infrastructure & Project Finance Development Banks (FSABAKAD), Infrastructure & Project Finance Facilities (BPADACAG), Export Credit Agencies (ECAs) & Trade Finance Institutions (BPADACAF), Export Credit Agencies (ECAs) & Official Export Finance (FSABAKAC)

Keywords

• Multilateral development financing
• Project finance loans
• Infrastructure investment banking
• Islamic project finance
• Development banking services

Headquarters

HQ city

Almaty

HQ country

Kazakhstan

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Others

Revenue model

1. Interest Income on Loans: As a multilateral development bank, EDB generates revenue through interest payments on loans extended to member state governments, state enterprises, and private sector projects across the Eurasian region.
2. Investment Returns: EDB earns returns on equity investments and capital deployment in infrastructure, industrial, and strategic projects across member states.
3. Transaction and Advisory Fees: Fees generated from transaction processing, advisory services, and project structuring engagements with member state governments and institutional clients.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels4 records

Core offering

Eurasian Development Bank is an international multilateral development bank that provides long-term investment financing, project finance, and equity investments to governments, state-owned enterprises, and private companies across its member states. It also operates a Fund for Digital Initiatives (FCI) that builds and deploys cross-border digital platforms (AI infrastructure, traceability, transit, water management, education, labor mobility) supporting Eurasian Economic Union integration.

Product overview

EDB operates as a multilateral development bank offering investment financing, digital transformation products, and specialized funds. The core offering includes investment and development financing for infrastructure, energy, and industry projects across 7 member states. The Fund for Digital Initiatives (FCI) manages a portfolio of digital platforms including AI solutions (Third Opinion, Ai SuperCloud), government modernization tools (Smart Turmys, GovStack, QazSu), trade facilitation systems (Goods Traceability, Navigation Seals), and cross-border services (Work in EAEU, I Travel Without COVID-19). Additional products include Islamic Banking services and ESG/Sustainable Development financing. The digital ecosystem enables predictive analytics, process automation, and knowledge retrieval for member state governments and businesses.

Differentiator

Problem solved

Functional benefit

Brands

• Fund for Digital Initiatives (Фонд цифровых инициатив): Supranational development fund focused on digital transformation tools and practices across Eurasian space
• Technical Assistance Fund
• Travel without COVID-19
• Work in the EAEU

Products and services

• Investment and Development Financing

Quantifiable outcome

• $19.6 billion cumulative portfolio across 326 projects as of end of 2025
• +2 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability10 records

Feature7 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Yashil Energiya LLCcoreStrategic or Co-development Partner · 17 April 2025Partnership for green energy projects in Uzbekistan, supporting the country's transition to sustainable energy sources and renewable energy infrastructure development.
• Islamic Development Bank (IsDB)coreStrategic or Co-development Partner · 1 January 2025Coordination and cooperation at EDB Annual Meeting, exploring joint financing opportunities and alignment of development priorities for regional integration projects across member states.
• Abu Dhabi Global Markets (ADGM)coreGTM or Marketing Partner · 1 January 2025Partnership for opening EDB representative office in Abu Dhabi Global Markets, enabling expansion of investor relations and financial partnerships in the Gulf region.
• Caspian Integrated Maritime Solutions (CIMS)coreStrategic or Co-development Partner · 1 January 2024Cooperation at the Caspian forum for maritime and logistics solutions, addressing regional transportation infrastructure and connectivity challenges across the Caspian region.
• Orta Asya Investment HoldingminorStrategic or Co-development Partner · 1 January 2024Hydropower feasibility study partnership, assessing potential for hydroelectric development and renewable energy projects in Central Asian member states.
• Eurasian Logistics ParkminorStrategic or Co-development Partner · 1 January 2024Warehouse development project for agricultural goods distribution, supporting regional logistics infrastructure and supply chain modernization across Eurasian markets.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Asian Development Bank: Large multilateral development bank operating across Asia-Pacific with infrastructure and sustainable-development mandates. Competes for the same mega-project pipeline in Central Asia as EDB.
• European Investment Bank: EU's multilateral lending arm focused on infrastructure, climate, and SME financing. Larger scale than EDB but comparable multilateral DFI structure and long-tenor infrastructure mandate.
• International Finance Corporation: World Bank Group's private-sector development finance arm, financing private enterprises and financial institutions in emerging markets including EDB's geographies.

Direct peers

• Asian Infrastructure Investment Bank: China-led multilateral development bank focused on infrastructure and sustainable development, with growing presence in Central Asia. Closely comparable mandate and project-financing model.
• Eurasian Fund for Stabilization and Development: Regional financial mechanism managed by EDB's same shareholder states, focused on financial stabilization and development financing in the Eurasian space. Core coordination partner and structurally aligned mandate.
• International Investment Bank: Multilateral development bank with CIS-heavy shareholder base (Russia majority). Most structurally similar peer to EDB in terms of shareholder geography and product mix.
• New Development Bank (BRICS Bank): Multilateral development bank established by BRICS nations (Russia among founders) financing infrastructure and sustainable development. Shares the multilateral DFI structure and emerging-market mandate with EDB.
• Islamic Development Bank: Multilateral development bank financing development across member states, including Central Asia. EDB has an active cooperation/co-financing relationship with IsDB at its annual meetings.
• European Bank for Reconstruction and Development: Multilateral development bank with deep overlap in CIS/Central Asia, financing infrastructure, energy, and industrial projects across many of the same member states as EDB. Most direct geographic and mandate peer.

Regional players

• Development Bank of Kazakhstan: National development bank of Kazakhstan, EDB's single largest market. Co-invests with EDB on sovereign and infrastructure projects inside Kazakhstan and represents the principal national-DFI peer.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/edb__official
• YouTubeyoutube.com/user/infoEABR
• Facebookfacebook.com/eabr.org
• LinkedInlinkedin.com/company/eurasian-development-bank
• Instagraminstagram.com/eabr_official

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Eurasian Development Bank