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Black Sea Trade and Development Bank

BSTDB

Last modified: 2023-06-03 by zachary harden
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[Black Sea Trade and Development Bank flag]
image by Zoltan Horvath, 16 February 2011

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Overview

The Black Sea Trade and Development Bank (BSTDB) is an international financial institution established by Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Turkey, and Ukraine. With an authorized capital of SDR 1 billion, the Bank supports economic development and regional cooperation by providing trade and project financing, guarantees, and equity for development projects supporting both public and private enterprises in its member countries."
Source :<http://www.bstdb.org/bank.htm>.

The Black Sea Trade and Development Bank (BSTDB) is an international financial institution that supports economic development and regional cooperation by providing trade and project financing, guarantees, and equity for development projects supporting both public and private enterprises in its member countries. Objectives of the bank include promoting regional trade links, cross country projects, foreign direct investment, supporting activities that contribute to sustainable development, with an emphasis on the generation of employment in the member countries, ensuring that each operation is economically and financially sound and contributes to the development of a market orientation.It was established on January 24 1997, and headquartered in Thessaloniki, Greece.
Its members are: Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Moldova, Romania, Russia, Turkey, and Ukraine.
Zoltan Horvath, 16 February 2011

The Flag

The flag of BSTDB is shown on the website of Icelandic Patent Bureau. It should be the first image (the one with filename "0"), cause the other two images are shown as logos on the BSTDB site. However, I'm not sure which one is the flag, so I didn't attach any image.

I didn't expect, but the flag (yes - it is the first image), is shown on the Bank's site in the Section of Photo gallery :<http://www.bstdb.org/gallery.htm> and <http://www.bstdb.org/photogallery/flag2.jpg>.
I check this section for eventual photo, but this is better. I'm out of credit for today. Anyone to make a shot?

Its flag is blue with a large white wave of the Black Sea. Name of the organization is written in the upper part of the fly.
Home page and image of flag: http://www.bstdb.org/
Zoltan Horvath, 16 February 2011