Public Documents
Environmental and social information disclosure
BSTDB discloses to the general and/or interested public relevant environmental and social information of its Category A operations. Such information may represent the Environmental and Social Impact Assessment (ESIA) reports prepared by or on behalf of the Client or the Bank, Non-technical Summaries (NTS) of ESIA, Environmental and Social Action Plans (ESAP), Stakeholder Engagement Plans (SEP), and any other relevant studies, reports and plans. For private sector operations this information is disclosed not later than thirty (30) calendar days before the Board of Directors approval, and sixty (60) calendar days for public sector operations. This information is disclosed on the Bank’s website and is open for public comments. However, this does not substitute for the Client’s obligation to identify stakeholders affected by or interested in the operation and to communicate with them in a meaningful way.
| Date | Project Name |
|---|---|
| 16-Dec-2025 | Ankara Izmir High Speed Train Project, Türkiye |
| 25-Nov-2025 | Minagiotiko Dam and Irrigation Networks PPP, Greece |
| 24-Apr-2025 | Antalya-Alanya Motorway Project, Türkiye |
| 23-Dec-2020 | Midia Gas Development Project, Romania |
| 08-Nov-2019 | Istanbul Metropolitan Municipality Waste Incineration and Energy Generation Project. Istanbul, Türkiye |
| 08-Jan-2019 | Efeler Geothermal Power Plant Extension, Türkiye |
| 08-Nov-2018 | Syvash Wind Power Project, Ukraine |
| 14-Aug-2018 | Lavna Coal Transshipment Terminal in Murmansk, Russian Federation |
| 04-Aug-2017 | Energean Oil and Gas S.A., Greece |
| 12-Jan-2016 | SOCAR Türkiye |
| 20-May-2015 | Shah Deniz II Operation, Azerbaijan |
| 29-Oct-2014 | EFELER Geothermal Power Plant, Türkiye |
| 29-Oct-2014 | Etlik Integrated Health Campus Operation, Türkiye |
Independent evaluation
The Independent Evaluation is based on a Board-approved policy and consists of assessment of operations, programs, activities and strategies through systematic and rigorous analysis of their outputs, outcomes and impact against expected results and the overall mandate of the Bank.
These activities are conducted by the Evaluation Office fulfilling two basic objectives, serving the overall purpose of assessing mandate fulfilment and drawing lessons for improved future operations:
a) Accountability – to reveal the results of the Bank’s operations/activities, both intended and otherwise, and assess their contribution to the Bank’s mandate;
b) Quality Management Improvement – to derive significant lessons learned from past experience in view of using them for improving future operations.
The Bank’s evaluation system has two tiers: (i) self-assessment by the staff directly involved with Operations, resulting in Operation Completion Reports and (ii) independent and rigorous evaluation performed by the Bank’s Evaluation Office, resulting in various Evaluation Reports and Studies, as well as Annual Evaluation Overviews, presented to the Board of Governors, the Board of Directors and published within the Bank’s Annual Reports.
- EVALUATION REPORTS
- EVALUATION OVERVIEWS
- EVALUATION STUDIES
Evaluation Reports
The Evaluation Reports normally address the assessment of completed operations, according to internationally harmonized methodology, outlined in the Bank’s Post Evaluation Policy. The internationally acknowledged evaluation ratings reflect the accountability function of the evaluation, while the section of lessons learned represents the learning function. The evaluation of operations and strategies are summarized and disclosed in aggregate form through the Annual Evaluation Overviews. Their findings are based on the assessment of completion reports prepared by the implementing teams, all relevant files/documents and consultation with sponsors, Clients, Bank staff and other relevant parties. The Evaluation Reports are presented to the Management, the Board Of Directors and the Board of Governors, either as stand-alone or within the Annual Evaluation Overviews.
This section includes an example of an evaluation report for which a Client provided a consent for public disclosure: KCM Evaluation Report. For further details, please contact the Head of the Evaluation office, Mr. Todor Dimitrov
| Date | Title |
|---|---|
| 08-May-2008 | Evaluation Report KCM Bulgaria (0.29 MB) |
Evaluation Overviews
Evaluation Overviews aggregate and compare the findings of the Operation Performance Reports and relevant Evaluation Studies. They are published on an annual basis and provide a comprehensive overview of the Bank’s performance assessed against various evaluation criteria. These reports do not contain commercially sensitive and operation-specific information and, therefore, represent the main vehicle for broader disclosure and accountability for the Bank’s overall performance. They facilitate benchmarking against peer institutions by employing harmonized performance measurement methods. Furthermore, these overviews encapsulate valuable lessons from comprehensive evaluations, serving as a constructive foundation for new operations and a useful source of recommendations.
The Evaluation Overviews are presented to the relevant staff, management, the Board of Directors, and the Board of Governors. They are an integral part of the Bank’s Annual Report, published in mid-year.
| Date | Title |
|---|---|
| 30-Jun-2023 | Evaluation Overview 2023 (0.93 MB) |
| 30-Jun-2022 | Evaluation Overview 2022 (4.48 MB) |
| 30-Jun-2021 | Evaluation Overview 2021 (0.99 MB) |
| 30-Jun-2020 | Evaluation Overview 2020 (1.50 MB) |
| 28-Feb-2019 | Evaluation of BSTDB’s Medium Term Strategy and Business Plan 2015-2018 (0.32 MB) |
| 30-Jun-2018 | Evaluation Overview 2018 (0.23 MB) |
| 30-Jun-2017 | Evaluation Overview 2017 (0.29 MB) |
| 30-Jun-2016 | Evaluation Overview 2016 (0.30 MB) |
| 05-Jun-2009 | Mid Term Evaluation of the BSTDB’S Business Plan and Country Strategies 2007- 2010 (0.43 MB) |
Evaluation Studies
Evaluation Studies provide an assessment of the quality, effectiveness and efficiency of implementing various Bank programmes, strategies and policies, including regular overall institutional performance reviews. They constitute an independent in-depth analysis and suggest measures to improve the overall Bank performance and achievement of its mandate. Some studies analyze and compare the findings of evaluations of individual operations in order to reveal trends as well as to distil lessons that have implications beyond the particular operation or sector. Other studies look at key issues of interest for the Bank and may focus on international best practice, experience or lessons learned. Evaluation Studies often analyze specific sector/country related issues.
| Date | Title |
|---|---|
| 28-Feb-2019 | Evaluation of BSTDB’s Medium Term Strategy and Business Plan 2015-2018 (0.32 MB) |
| 07-Jan-2005 | Evaluation Methods (0.24 MB) |
