Development Bank of Austria
Overview
OeEB was founded in March 2008 as the development bank of the Republic of Austria. With a public mandate they work for better living conditions in developing countries. OeEB is a wholly-owned subsidiary of Oesterreichische Kontrollbank (OeKB). As a private stock company with a public mandate, they provide financing at near-market conditions, but also can take on more economic risk than commercial banks. OeEb acquires a financial interest in companies in developing countries and emerging markets and strengthen the developmental effects with collateral measures. They are present in markets in developing countries financing and supporting projects in developing countries and emerging markets that are economically sustainable and have positive impacts on development.
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Current and Previous Partners Worked With Development Bank of Austria
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