Oesterreichische Entwicklungsbank AG

Oesterreichische Entwicklungsbank AG (OeEB) is Austria’s development finance institution, established in 2008 and headquartered in Vienna. It is a wholly owned subsidiary of Oesterreichische Kontrollbank AG (OeKB) and operates under a public mandate from the Republic of Austria to finance private-sector projects in developing and emerging economies. OeEB provides long-term senior and mezzanine loans, risk-sharing instruments, and selective equity commitments primarily via investment funds, and it offers technical assistance grants to support project preparation and capacity building. Typical focus areas include renewable energy and energy efficiency, infrastructure, manufacturing, and financial sector intermediation for MSME lending through local banks and microfinance institutions. The bank co-finances with other development finance institutions and commercial lenders, does not take deposits, and does not offer retail banking services. Its operations are governed by additionality and development impact criteria and are limited to countries on the OECD DAC List; projects are subject to environmental and social due diligence aligned with international standards, exclusion lists, and anti-corruption, AML, and sanctions screening. Pricing, tenors, and structures are tailored to higher-risk markets, with financing commonly in EUR or USD and local currency considered case by case through hedging solutions. OeEB is regulated under Austrian banking law and supervised by the Austrian Financial Market Authority, publishes information on mandates and portfolio developments in annual disclosures, and maintains grievance and whistleblowing channels. Funding is sourced within the OeKB Group and from capital markets, with public risk-sharing mechanisms available for eligible transactions linked to its mandate. OeEB is a member of the Association of European Development Finance Institutions (EDFI) and aligns its impact reporting with widely used international frameworks, including the Sustainable Development Goals.