17.02.2016, 00:51
EDB Adopts Flexible Interest Rates
OREANDA-NEWS. The Management Board of Eurasian Development Bank (EDB) decided to adopt a flexible system of interest rates. This will allow setting most attractive and competitive interest rates for investment projects in the Bank's focus of attention. These are, in the first place, projects aimed at economic integration and deeper industrial cooperation between the member states, as well as national development projects.
In the context of macroeconomic instability, lower economic activity and more complicated access to financial markets, EDB's flexible pricing strategy will help to factor in all peculiarities of investment projects with an integration effect and offer their originators an optimum structure and financing costs.
The Bank's proposal is, in the first place, for companies that run integration projects in the areas of energy, mechanical engineering, the chemical sector, mining, oil and gas, and infrastructure.
In the context of macroeconomic instability, lower economic activity and more complicated access to financial markets, EDB's flexible pricing strategy will help to factor in all peculiarities of investment projects with an integration effect and offer their originators an optimum structure and financing costs.
The Bank's proposal is, in the first place, for companies that run integration projects in the areas of energy, mechanical engineering, the chemical sector, mining, oil and gas, and infrastructure.
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