The European Bank for Reconstruction and Development (EBRD) is a multilateral development bank established in 1991. It aims to promote transition towards open market-oriented economies and the private sector in Central and Eastern Europe, as well as in Central Asia, the Caucasus, and the Mediterranean region.
The EBRD provides project financing and advisory services to support countries' economic development and institutional transformation. It offers a wide range of financial products, including loans, equity investments, guarantees, and trade finance facilities to both public and private sector clients. The bank primarily focuses on financing projects in sectors such as infrastructure, energy, manufacturing, agribusiness, and services.
One of the key objectives of the EBRD is to foster sustainable economic growth, environmental sustainability, and the promotion of democratic principles and good governance. It actively supports measures to enhance the competitiveness of local businesses, improve investment climates, and strengthen legal frameworks to attract foreign direct investment.
In addition to financial support, the EBRD provides technical assistance and advisory services to assist governments and businesses in implementing reforms, improving corporate governance practices, and adopting sustainable and energy-efficient technologies.
The EBRD operates through its headquarters in London, United Kingdom, and maintains a network of resident offices in various countries of its operations. It collaborates with other international financial institutions, government agencies, and private sector entities to maximize its impact and support the economic development of its target regions.
