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Eurasian Development Bank
The Eurasian Development Bank (EDB) is an international financial institution investing in the development of the economies, trade and other economic ties, and integration in Eurasian countries. The EDB was founded in 2006 and is headquartered in Almaty, Kazakhstan. The Bank has a branch in St. Petersburg and representative offices in Nur-Sultan, Bishkek, Dushanbe, Yerevan, Minsk, and Moscow. History of the EDB The founding of the Eurasian Development Bank on 12 January 2006 was initiated by the Presidents of Russia and Kazakhstan. It began operating in June 2006. Armenia and Tajikistan joined the EDB in 2009, Belarus in 2010, and the Kyrgyz Republic in 2011. Other states and international organisations can become members by acceding to the Agreement Establishing the Bank. In January 2013, the Organisation for Economic Cooperation and Development recognised the EDB as a multilateral financial institution. Mission and strategy The EDB's mission is to promote market economies ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Financial Institution
An international financial institution (IFI) is a financial institution that has been established (or chartered) by more than one country, and hence is subject to international law. Its owners or shareholders are generally national governments, although other international institutions and other organizations occasionally figure as shareholders. The most prominent IFIs are creations of multiple nations, although some bilateral financial institutions (created by two countries) exist and are technically IFIs. The best known IFIs were established after World War II to assist in the reconstruction of Europe and provide mechanisms for international cooperation in managing the global financial system. Types Multilateral Development Banks A multilateral development bank (MDB) is an institution, created by a group of countries, that provides financing and professional advice to enhance development. An MDB has many members, including developed donor countries and developing borrower cou ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Market Economy
A market economy is an economic system in which the decisions regarding investment, production and distribution to the consumers are guided by the price signals created by the forces of supply and demand, where all suppliers and consumers are unimpeded by price controls or restrictions on contract freedom. The major characteristic of a market economy is the existence of factor markets that play a dominant role in the allocation of capital and the factors of production. Market economies range from minimally regulated free-market and '' laissez-faire'' systems where state activity is restricted to providing public goods and services and safeguarding private ownership, to interventionist forms where the government plays an active role in serving special interests and promoting social welfare. State intervention can happen at the production, distribution, trade and consumption areas in the economy. The distribution of basic need services and goods like health care ma ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banks Established In 2006
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Financial Institutions
An international financial institution (IFI) is a financial institution that has been established (or chartered) by more than one country, and hence is subject to international law. Its owners or shareholders are generally national governments, although other international institutions and other organizations occasionally figure as shareholders. The most prominent IFIs are creations of multiple nations, although some bilateral financial institutions (created by two countries) exist and are technically IFIs. The best known IFIs were established after World War II to assist in the reconstruction of Europe and provide mechanisms for international cooperation in managing the global financial system. Types Multilateral Development Banks A multilateral development bank (MDB) is an institution, created by a group of countries, that provides financing and professional advice to enhance development. An MDB has many members, including developed donor countries and developing borrower ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eurobond (external Bond)
A eurobond is an international bond that is denominated in a currency not native to the country where it is issued. They are also called external bonds. They are usually categorised according to the currency in which they are issued: eurodollar, euroyen, and so on. The name became somewhat misleading with the advent of the euro currency in 1999; eurobonds were created in the 1960s, before the euro existed, and thus the etymology is to "European bonds" rather than "bonds denominated in the Euro currency". The eurobond market was traditionally centered in the City of London, with Luxembourg also being a primary listing center for these instruments. Eurobonds have since expanded and are traded throughout the world, with Singapore and Tokyo being notable markets as well. These bonds were originally created to escape regulation: by trading in US dollars in London, certain financial requirements of the US government unpopular with bankers could be evaded, and London was happy to wel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Western High-Speed Diameter
The Western High-Speed Diameter (ЗСД, ZSD, russian: Западный скоростной диаметр) is a toll motorway in Saint Petersburg, Russia. The first section of the road open to traffic was an eight-lane motorway connecting the southern section of the A118 beltway with two junctions at the Kirovsky and Moskovsky Districts, respectively. Other sections of the highway were under construction and eventually formed a corridor through the western districts of St. Petersburg to cross the northern portion of the A118 beltway in Yuntolovo and to meet the E-18/M-10 route at the Beloostrov junction. A new 4-km-long section of the highway was slated to open in late 2011. It connects the northern terminus of the first open segment with the industrial western part of the Kirovsky district which hosts the port of St. Petersburg. A 25-km-long section running from Beloostrov to the Primorsky District Primorsky District is the name of several administrative and municipal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Turkistan (city)
Turkistan ( kz, Түркістан, ''Türkıstan'') is a city and the administrative center of Turkistan Region of Kazakhstan, near the Syr Darya river. It is situated north-west of Shymkent on the Trans-Aral Railway between Kyzylorda to the north and Tashkent to the south. Its population has increased within ten years from to Turkistan's most prominent historical and cultural asset is the Mausoleum of Khoja Ahmed Yasawi, a UNESCO World Heritage site. The city is served by Hazrat Sultan International Airport. In 2021, Turkistan was proclaimed by the Organization of Turkic States as "Spiritual Capital of the Turkic World". In the same year, Turkistan was named as one of the top ten tourist destinations in Kazakhstan. History Turkistan is one of Kazakhstan's historic cities with an archaeological record dating back to the 4th century. It became a commercial centre after the final demise of Otrar, the medieval city whose ruins lie near the Syr Darya to the southeast. Throug ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Almaty International Airport
Almaty International Airport ( kk, Halyqaralyq Almaty Äuejaiy) is a major international airport northeast of Almaty, the largest city and commercial capital of Kazakhstan. It is the busiest airport in Kazakhstan, accounting for 6.42 million passengers in 2019. Owners and management The airport is registered under name of "JSC Almaty International Airport", which is owned by Turkish airport company TAV Airports Holding, as well as many other airports available worldwide. History Early years The airport was built in 1935 for use by small civil and military aircraft. Up to 1990, it was the part of Kazakh Department of Civil Aviation, and then reorganized into "Alma-Ata Airport" in 1991. Since 1993, it has run as an independent business unit. In 1994, it was reorganized into OJSC "Almaty Airport" and later renamed to JSC Almaty International Airport. The supersonic transport (SST) Tupolev Tu-144 began service on 26 December 1975, flying mail and freight between Moscow and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Swaps And Derivatives Association
International is an adjective (also used as a noun) meaning "between nations". International may also refer to: Music Albums * ''International'' (Kevin Michael album), 2011 * ''International'' (New Order album), 2002 * ''International'' (The Three Degrees album), 1975 *''International'', 2018 album by L'Algérino Songs * The Internationale, the left-wing anthem * "International" (Chase & Status song), 2014 * "International", by Adventures in Stereo from ''Monomania'', 2000 * "International", by Brass Construction from ''Renegades'', 1984 * "International", by Thomas Leer from ''The Scale of Ten'', 1985 * "International", by Kevin Michael from ''International'' (Kevin Michael album), 2011 * "International", by McGuinness Flint from ''McGuinness Flint'', 1970 * "International", by Orchestral Manoeuvres in the Dark from '' Dazzle Ships'', 1983 * "International (Serious)", by Estelle from '' All of Me'', 2012 Politics * Political international, any transnational organization o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
International Capital Market Association
The International Capital Market Association or ICMA is a self-regulatory organization and trade association for participants in the capital markets. ICMA stated aims are to promote high standards of market practice, appropriate regulation, trade support, education and communication. It produces standard documentation for transactions such as equity and debt issuance and repos. ICMA market conventions and standards have been the pillars of the international debt market for almost 40 years, providing the self-regulatory framework of rules governing market practice which have facilitated the orderly functioning and impressive growth of the market. History The International Capital Market Association was formed in July 2005 from the merger of ''International Primary Market Association'' and the '' International Securities Market Association'' (formerly the ''Association of International Bond Dealers'') to create an association that covered both primary and secondary international ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
