Public Notice: Clarification on BSTDB's Independence from Similarly Named Institutions

The Black Sea Trade and Development Bank (BSTDB) wishes to emphasize that it is not (not) connected, affiliated, or engaged in any dealings with the Black Sea Bank for Reconstruction and Development (ChBRR, Russian: ЧБРР), based in Simferopol, Crimea.

BSTDB is an International Financial Institution representing eleven Member States of the Black Sea region. Headquartered in Thessaloniki, Greece, the Bank was established under an intergovernmental treaty registered with the United Nations (Multilateral, No. 36909).

BSTDB remains committed to its mission of promoting economic development and regional cooperation across the Black Sea region and underscores its distinct and separate identity from any similarly named organizations.