Oesterreichische Entwicklungsbank AG - Development Bank of Austria (OeEB)
OeEB (Oesterreichische Entwicklungsbank, or the Development Bank of Austria) was founded in March 2008 as the official development bank of the Republic of Austria. With a public mandate they work for better living conditions in developing countries.
We are a wholly-owned subsidiary of Oesterreichische Kontrollbank (OeKB). As a private stock company with a public mandate, we provide financing at near-market conditions, but we can take on more economic risk than commercial banks. We acquire a financial interest in companies in developing countries and emerging markets and strengthen the developmental effects with collateral measures, their Advisory Programmes.
They are present in markets in developing countries and emerging markets in which companies often have no access to urgently needed capital, both credit and equity. Investments in these projects create jobs; these projects increase tax revenues and bring foreign currency into the country.
They offer long-term loans for investments. In addition to tailored financial solutions for developmentally and economically sustainable projects, private companies profit from the know-how of their experts.
They take equity participations in companies (including banks) and funds with equity capital if the projects are located in developing countries or emerging markets, are economically sustainable, and make sense for the economic development of the country.
Advisory Programmes - collateral measures
Their Advisory Programmes are measures that support projects, such as market studies, capacity building, and training programs that increase the effectiveness of the projects from a developmental perspective. They are financed with money from the budget of the Republic of Austria.See more