News

OeEB is providing a long-term credit line of EUR 30 million to the Black Sea Trade and Development Bank (BSTDB). The credit line, which is earmarked for green finance projects and financing to support the private sector in Ukraine, is secured by a guarantee from the Austrian Federal Ministry of Finance (BMF).

Together with the European Bank for Reconstruction and Development (EBRD) and Development Finance Institutions from around the world, OeEB signed a Memorandum of Understanding to provide a framework for collaboration when making co-investments in Ukraine, mainly in the private sector.

The annual OeEB Impact Report discloses the development effects achieved by OeEB's investments as well as their contribution to the Sustainable Development Goals (SDGs). In addition to loans and equity investments, OeEB also offers accompanying technical assistance measures.

With almost 500 implemented projects and a managed portfolio of EUR 1.62 billion, OeEB has established itself as a central player in Austrian development cooperation. At the anniversary celebration on Tuesday, partners, customers, and companions looked back on the success story over the past fifteen years.

Since OeEB first invested in the microfinance fund in 2008, it has already increased its shares several times. With a new investment of EUR 20 million, OeEB and EFSE are now building on their longstanding partnership.

OeEB provided a total of around EUR 304 million in new loans and equity investments in 2022 on behalf of the Federal Ministry of Finance (BMF). Especially in the area of climate protection the volume of business was increased significantly.

An independent evaluation of OeEB was commissioned by the Austrian Federal Ministry of Finance (BMF) in 2022. It is part of a regular external evaluation cycle and assesses the relevance, additionality, effectiveness, efficiency and developmental impact and sustainability of OeEB’s activities.

The Federal Ministry of Finance (BMF) and OeEB announce the extension of the African-Austrian SME Investment Facility (AAIF). The AAIF provides EUR 30 million for small and medium-sized enterprises from Austria or the European Union seeking to invest in Africa.