• The Global Transparency Resource
• Importance of Transparency
• IFI's Introduced
  • AfDB - African Development Bank
  • ADB - Asian Development Bank
  • BIS - Bank for International Settlements
  • BSTDB - Black Sea Trade and Development Bank
  • CDB - Caribbean Development Bank
  • CEB - Council of Europe Development Bank
  • EBRD - European Bank for Reconstruction and Development
  • ECB - European Central Bank
  • EIB - European Investment Bank
  • IADB - Inter-American Development Bank
  • IFC - International Finance Corporation
  • IMF - International Monetary Fund
  • IsDB - Islamic Development Bank
  • OECD - Organisation for Economic Co-operation and Development
  • WB - World Bank
  • WTO - World Trade Organisation

BSTDB - Black Sea Trade and Development Bank (Thessaloniki, Greece)

The Black Sea Trade and Development Bank provides money to help with the development of countries that are located around the Black Sea. This money can be in the form of loans or as equity in development projects. Not only does the bank help with development it also plays an important role in encouraging cooperation between the various member countries of the bank.

The main role of the Black Sea Trade and Development Bank is to encourage development in the countries that are located around the Black Sea. In large part this is done with loans and equity investments to provide money that can be used for development projects. These projects are not limited to just economic development; the money can also be used on social development projects. Unlike a lot of development banks the money is not just available to the governments of the member countries. The bank will also loan to private investors interested in projects in the region.

One of the main roles of the Black Sea Trade and Development Bank is the closer integration of the economies in the region. They do this by promoting trade between the member countries. They also encourage development projects that involve more than one country. The idea is that it will be more cost effective if the member countries share facilities rather than building them separately in each country. This obviously also encourages closer relations and more economic integration between the member countries, both important goals that the bank is trying to achieve.

The Black Sea Trade and Development Bank plays an important role in helping to attract private investors to the region. In many cases it is hard to get investors to put their money into developing nations. The bank not only encourages this investment but they will play a role in helping bring investors and those in need of money together. The bank knows that private investment is critical if real development is going to take place. It also helps to encourage investors if the bank itself is an investor in the project therefore the bank will often provide part of the required money and help to find investors for the rest of the money needed for the project.

While the Black Sea Trade and Development Bank has played an important part in the development of the region it has on occasion caused some controversy. The reason for this is that the bank does not put conditions on the loans that it gives out the way that the IMF and the World Bank do. In some respects this is good however it has also meant that money has been lent to countries that have been following some questionable economic policies. This is one of those situations where you can't really win; you will be criticized no matter what you do.