BSTDB approves 32 projects worth over €1bn in 2019

Region:

Europe

The Black Sea Trade and Development Bank (BSTDB) approved 32 new projects for over €1 billion in 2019, an increase of nearly 87% over 2018 levels.

New commitments (signed operations) increased 36% to reach over €842 million, its 2019 financial statements show. Disbursements reached €872 million, an increase of 52% over 2018. The bank’s portfolio of operations at the year-end exceeded €1.85 billion.

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