Oesterreichische Entwicklungsbank AG

Overview

Oesterreichische Entwicklungsbank AG (OeEB) is the Development Bank of Austria, established in March 2008 as a wholly-owned subsidiary of Oesterreichische Kontrollbank AG (OeKB). OeEB's mission is to finance and support private sector projects in developing countries and emerging markets that are economically sustainable and have positive impacts on development. The bank provides loans at near-market conditions, offers capital, and enhances the developmental effectiveness of its projects through related programs. OeEB operates under the mandate of the Austrian federal government, adhering to the objectives of Austrian Development Cooperation. OeEB's investment strategy focuses on sectors such as financial services, energy, agribusiness, manufacturing, infrastructure, and services. The bank engages in various stages of investment, including early stage, growth, late stage, buyout, turnaround, and distressed situations. Geographically, OeEB concentrates its efforts on Austria, developing countries, and emerging markets. The bank's investment size per project is up to 5 million euros, with a maximum equity stake of 25%. OeEB's portfolio includes a diverse range of projects aimed at fostering economic development and sustainable growth in its target regions. As of June 2025, OeEB's 'AA+' long-term and 'A-1+' short-term ratings were confirmed by Standard & Poor's, reflecting the bank's critical role in financing private investments in developing countries on behalf of the Republic of Austria. This rating underscores OeEB's strong financial position and its commitment to supporting sustainable development through private sector engagement.