The Black Sea Trade and Development Bank (BSTDB) is an international financial institution established by 11 countries from the Black Sea region. The mission of the bank is to accelerate the development and to promote the co-operation among its shareholder countries. The bank has an authorised capital of EUR 3.5 billion, and offers trade and project financing, guarantees and equity to both public and private enterprises in its member countries in order to encourage their economic development and regional co-operation, and to establish stronger economic linkages.
The supreme management body of the Bank is the General Assembly of Shareholders. The Bank provides all its shareholders with equal participation in the meetings and with opportune notifications regarding the forthcoming meetings and shares with them the information and materials necessary for taking decisions upon the issues on the agenda. The Authorized capital of the Bank is AZN 140,25 mln. consisting of 100% foreign capital and belonging to 6 international financial institutions.