BSTDB's annual session starts in Baku

Business Materials 10 June 2006 13:56 (UTC +04:00)

Eighth annual session of Board of the Black Sea Trade and Development Bank (BSTDB) is launched June 10, Trend reports with reference to the Ministry of Economic Development. It will pass two days and the first day gathers only officials at the level of undersecretaries.

According to the agenda, the session will cover approval of the annual report, decision on non-distributed part of the capital and so on. The annual session is held under the chairmanship of Heydar Babayev, Minister of Economic Development.

On June 12, a business-day will be held where investors and businessmen discuss the possibilities of regional cooperation in financial sector, agricultural business and infrastructure development. Nearly 300 persons will be participating on this business-day.

This annual session is distinguished with that first time it will be attended by Doris Ken, first vice president for Europe, KFW. It is the beginning of a new stag of the banks activity and BSTDB I announcing the bank opened for other international organizations and countries in order to utilize their advanced experience and capital.