# Development Bank of Austria Development Bank of Austria is a Government / Public Body based in Vienna, Austria. ## Overview - **Organization type:** Government / Public Body - **Headquarters:** Vienna, Austria - **Region:** Europe - **Address:** Strauchgasse 3, 1010 Vienna, Austria - **Founded:** 2008 - **Assets under management:** Undisclosed - **Website:** oe-eb.at - **LinkedIn:** https://www.linkedin.com/company/oesterreichische-entwicklungsbank-ag ## Regulatory record - **Reports private funds:** No ## About Development Bank of Austria is a government agency based in Vienna, Austria. It manages approximately $1.5 billion in assets across 9 funds, primarily focused on European investments. ## Sectors - Financial Services - Energy Transition & Renewables - Infrastructure - Private Credit ## People - Sabine Gaber — Member of the Executive Board - Helmut Bernkopf — Chairman of the Supervisory Board - Angelika Sommer-Hemetsberger — Deputy Chair of the Supervisory Board ## Questions ### Who runs investment decisions at the Development Bank of Austria? Sabine Gaber serves as the Member of the Executive Board responsible for investment operations. She sits within OeEB's Vienna headquarters and reports to a Supervisory Board chaired by Helmut Bernkopf. All material credit and equity decisions run through OeKB's existing risk and credit-committee infrastructure, which OeEB shares with its parent export-credit agency. ### How is OeEB's capital base structured, and what does the federal guarantee cover? OeEB is a 100% subsidiary of Oesterreichische Kontrollbank AG (OeKB) and operates with an explicit statutory guarantee from the Austrian Federal Ministry of Finance. The guarantee covers all OeEB obligations, which allows the bank to fund in the capital markets at sovereign-equivalent rates. The bank deploys its own statutory equity for direct investments and uses the guaranteed funding window for its loan book — a structure that blends development-policy direction with institutional balance-sheet discipline. ### What is OeEB's investment strategy? OeEB provides long-term senior loans, subordinated debt, equity, and mezzanine capital to private-sector enterprises and financial intermediaries in developing countries. The strategy prioritises three channels: direct project and corporate finance (often as anchor lender in syndications with commercial banks), fund investments into African and Asian private-equity and infrastructure vehicles, and lending through local financial institutions for on-lending to micro, small, and medium enterprises. Climate finance and renewable-energy infrastructure receive a growing share of new commitments. ### Does OeEB co-invest alongside other development finance institutions? Yes — active syndication and co-financing with other European DFIs is core to the operating model. OeEB is a member of EDFI, the association of 15 European bilateral development-finance institutions, and regularly co-underwrites transactions with peers such as FMO (Netherlands), DEG (Germany), and Swedfund (Sweden). The bank's sovereign guarantee makes its debt terms highly competitive, often making OeEB the pricing anchor in a DFI lending group. ### Which geographies does the Development Bank of Austria target? The portfolio spans more than 80 countries, with the heaviest concentrations in Sub-Saharan Africa, Central Asia, and the EU's Eastern Neighbourhood. The bank has flagged Central Asian hydropower and African financial-inclusion platforms as priority deployment corridors in recent reporting. OeEB does not invest in developed-market economies — the mandate is exclusively focused on OECD-DAC-eligible developing countries. ### Is OeEB an impact investor, and how does it measure impact? OeEB is a signatory of the Global Impact Investing Network's Operating Principles for Impact Management and publishes an annual development-impact report aligned with the Harmonized Indicators for Private Sector Operations framework used across the EDFI network. Core tracked metrics include jobs supported, greenhouse-gas emissions avoided or reduced, and number of micro and small enterprises reached through financial-intermediary lending. The bank categorises each transaction against the UN Sustainable Development Goals at the point of commitment. ## Related profiles - [Development Bank Ghana](https://altss.com/profile/development-bank-ghana) - [Development Bank of Japan](https://altss.com/profile/development-bank-of-japan) --- Last updated: 2026-06-03T20:00:00.000Z Canonical page: https://altss.com/profile/development-bank-of-austria Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology