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Saturday, April 4, 2020

EURASIAN DEVELOPMENT BANK: Amount on settlement and deposit accounts in EDB exceeded $ 440 million

Eurasian Development Bank issued the following announcement on March 4.

There are currently more than $ 440 million in settlement and deposit accounts opened with the Eurasian Development Bank (EDB). This was announced by Andrei Belyaninov, Chairman of the Board of the EDB, during his lecture to students of the Faculty of Finance of the Russian Economic University named after G.V. Plekhanov (REU named after G.V. Plekhanov).

The EDB service for opening settlement and deposit accounts for legal entities is unique among development financial institutions; the Bank started providing it in 2018. Over the past year, more than 50 customers have taken advantage of this offer.

Answering students' questions about the possibility of financing startups by the Bank, Andrei Belyaninov noted conservatism in this work. However, he said that the possibility of pre-project financing from the funds of the EDB Technical Assistance Fund is currently being considered.

Students showed interest in the possibility of internships and job placement at the Bank. Andrei Belyaninov invited everyone to send their resumes, especially the positive experience of such interaction with students of REU named after The Bank already has G.V. Plekhanov. In addition, Andrei Belyaninov came up with the idea of the need for practical training at enterprises in the real sector of the EAEU countries.

The Chairman of the Board of the EDB Andrei Belyaninov heads the Department of Financial Markets of REU named after G.V. Plekhanov, holds public positions as Deputy Chairman of the Board of Trustees and Chairman of the Plekhanov University Alumni Association; Doctor of Economics, Doctor of Political Sciences, graduate of the Moscow Institute of National Economy G.V. Plekhanov, whose successor is the REU.

Original source can be found here.

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Eurasian Development Bank

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