Is the EBRD's policy on offshore financial centres meaningful?

In 2010 the EBRD approved a senior loan of up to RUB 650 million (around EUR 16 million) for the New Forwarding Company (Novaya perevozochnaya kompaniya - NPK), the main operating subsidiary of Globaltrans Investment Plc, the top private railway transportation company in Russia.

When trying to find out who owns GlobalTrans Investment, the trail stops in the Bahamas. What does this case mean for the EBRD's policy on offshore jurisdictions and transparency more generally?