European Bank for Reconstruction and Development (EBRD)
Budget
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European Bank for Reconstruction and Development (EBRD)
Our history
The European Bank for Reconstruction and Development (EBRD) was founded in 1991 to create a new post-Cold War era in central and eastern Europe. We are now doing more than ever before - across three continents - to further progress towards ‘market-oriented economies and the promotion of private and entrepreneurial initiative’.
Structure and management
The EBRD is owned by 69 countries, as well as the European Union and the European Investment Bank. The EBRD President is currently Sir Suma Chakrabarti. Each shareholder is represented on the Board of Governors, which has overall authority over the EBRD.
Under the guidance of the Board of Directors, the President manages the EBRD's work. The Executive Committee and senior leadership group advise the President and oversee EBRD activities.
Our Governors will elect a new President at our 2020 Annual Meeting.
What We Do
The European Bank for Reconstruction and Development (EBRD) invests in changing lives. Through our projects, business services and involvement in high-level policy reform, we're doing more than ever before across three continents.
We now anticipate committing all our activity in 2020/2021 to helping counter the economic impact of the coronavirus pandemic.
Coronavirus
We've announced an emergency coronavirus financing package worth €21 billion.
Services we offer
Financial investment projects are at the heart of what we do.
We also provide business advisory services and promote trade finance and loan syndications.
Where we work
We're active in 38 economies across three continents, from the Southern and Eastern Mediterranean, to Central and Eastern Europe, to Central Asia.
Business sectors we work in
Our operations span a range of industries, from agribusiness to infrastructure to transport.
Thanks to our Green Economy Transition approach we are world leaders in climate finance.
The EBRD's coronavirus Solidarity Package
Our Resilience Framework provides finance to meet the short-term liquidity and working capital needs of existing clients.
We will expand financing under our Trade Facilitation Programme.
We will also offer fast track restructuring for distressed clients, while maintaining our high standards of accountability.
We will enhance established frameworks that can reach out to SMEs and corporates which are not yet our clients
We have also launched a Vital Infrastructure Support Programme to finance working capital, stabilisation, and essential public investment.
More than ever before we will also be providing governments with high quality, straightforward and usable policy advice.
