On behalf of the federal government, Oesterreichische Entwicklungsbank AG acts as Austria's official development bank.
OeEB specialises in supporting private sector projects that both:
- need long-term funding and can repay these loans out of their own resources, and
- have a sustainable impact on regional economic development.
In difficult markets, primarily developing countries, OeEB provides tailored financing solutions for a wide range of long-term investments – solutions that generally are not available in such markets. With its public sector mandate, OeEB is committed to the goals of Austrian Development Cooperation (a programme of the Federal Ministry for European and International Affairs). OeEB is wholly owned by OeKB and began operation in March 2008.
Website of Oesterreichische Entwicklungsbank AG (OeEB)