In 2008, the Bank established a technical assistance fund to financially support research on pre-investment and innovation at the international, national and sectoral levels, in order to deepen Eurasian integration, strengthen market infrastructures and promote sustainable economic growth in its Member States. The bank`s management consists of the Bank`s Board of Directors, the Board of Directors and the Chairman of the Board of Directors. EDB`s strategy and research division conducts important research and implementation projects, regular conferences and roundtable discussions; and publishes research, sectoral and specialized reports and macroeconomic balance sheets containing analysis and forecasts of economic development in the region. The Documents published by the Bank relate to regional integration, the activity of other development banks and the financing of investment projects in the post-Soviet space. The bank has credit ratings from international credit rating agencies: Standard and Poor`s (/negative) and Moody`s Investors Service (3/stable). The EDB also collaborates with the Interbank Association of the Shanghai Cooperation Organization. In February 2018, the BDE and the Black Sea Bank of Commerce and Development concluded a strategic cooperation agreement. [9] EDB`s greatest success in recent years has been recognition as an international financial development institution specializing in regional integration. Eurasian Development Bank (EDB) is an international financial institution established in January 2006 by Russia and Kazakhstan to facilitate the development of the market economy, sustainable economic growth and the development of trade and other economic relations in its Member States. EDB`s chartered capital is $7 billion. The Bank`s member states are the Republic of Armenia, the Republic of Belarus, the Republic of Kazakhstan, the Kyrgyz Republic, the Russian Federation and the Republic of Tajikistan. The Bank identifies priority areas for each member country based on the needs of its economies and the sectors in which they need to become more competitive. Priorities must also take into account the Bank`s resources.

The objectives must be relevant and achievable for each country with the support of the Bank. “The signing of the memorandum today is an important step in the development of cooperation between the EDB and the NDB. In particular, the document identifies the main areas and forms of interaction between the BDU and the NDB to achieve common goals and promote economic development. I am convinced that the conclusion of the MoU will bring cooperation between our institutions to a higher level,” said Konstantin Limitovskiy. The EDB is an international financial institution created to stimulate economic growth in its Member States, develop trade and economic relations between them and support integration in Eurasia through investment. The Bank was designed and created in 2006 by the Presidents of the Russian Federation and the Republic of Kazakhstan following the signing of an international agreement between Armenia, Belarus, Kyrgyzstan and Tajikistan. In 2007, the Bank was granted observer status by the United Nations General Assembly, the United Nations Council on Trade and Development (UNCTAD) and the Eurasian Group Against Money Laundering and Terrorist Financing (CEEA). In 2012, the Bank joined the Working Group on the Environment of Multilateral Financial Institutions. The EDB operates in countries with which it has agreements with governments, which define the conditions for its activities in those countries and in which these agreements have entered into force. As of January 1, 2015, the Bank`s asset portfolio was approximately $3.16 billion. The share of projects with an integration effect in the Bank`s current asset portfolio was greater than 49%.