MOSCOW, February 26 (RIA Novosti) - The Eurasian Development Bank (EADB) said on Tuesday its net income calculated to International Financial Reporting Standards (IFRS) increased 300%, year on year, in 2007 to $39.26 million.
The EADB, established by Russia and Kazakhstan in 2006 to boost investment across the former Soviet Union, said its assets stood at $1.31 billion as of December 31, 2007 and its shareholder equity was up 37% in the reporting period to $853.93 million.
