European Bank for Reconstruction and Development


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Related to European Bank for Reconstruction and Development: International Finance Corporation, World Bank, European Investment Bank, Inter-American Development Bank

European Bank for Reconstruction and Development

Bank targeted at Eastern Europe and the former Soviet Union.

European Bank for Reconstruction and Development

A bank created after the end of the Cold War to help Central and Eastern European nations in the transition to capitalism. Among other things, it provides loans to companies and governments for new and expanded operations, assists in privatization of former state-owned businesses, and helps with bank stabilization. In 2006, it began changing its focus from helping former Soviet bloc nations in Europe to former members of the Soviet Union in Central Asia, including Russia itself. It is financed by member nations across the world, including most Western European countries and the United States.
References in periodicals archive ?
The European Bank for Reconstruction and Development is an international financial institution that helps the former communist countries of Central and Eastern Europe make a transition to a free-market economy.
Summary: Egypt's Railways Authority, International Cooperation Ministry and the European Bank for Reconstruction and Development (EBRD) have signed an agreement to supply the authority with six new trains at a total cost of 126 million euros.
Delegations of all 10 CAREC countries, including Kyrgyzstan, Kazakhstan, Uzbekistan, Tajikistan, Turkmenistan, Azerbaijan, Mongolia, China and Pakistan, representatives of Asian Development Bank, Department for International Development, Eurasian Development Bank, European Bank for Reconstruction and Development, European Union, Transport Corridor Europe-Caucasus-Asia, Islamic Development Bank, Japan International Cooperation Agency, United Nations Development Programme, U.S.
Frenchman Jean Lemierre was viewed as his main rival, but withdrew to accept a second term as head of the European Bank for Reconstruction and Development. That Rato was able to get the support of most of the Latin American member countries at the recent annual meeting of the Inter-American Development Bank in Lima, Peru, might give him a slight edge.
The European Bank for Reconstruction and Development has agreed a Euro 76 million loan to help repair over 500 km of Yugoslavia's road network, which a Bank statement says is "currently in a poor state of repair".
The European Bank for Reconstruction and Development was of significant assistance to emerging economies including Member States of the European Union.
The BiH Presidency Chairman Milorad Dodik received today Ian Brown, Director of the European Bank for Reconstruction and Development Office in BiH (EBRD), in an inaugural visit.
The European Bank for Reconstruction and Development ceremony was attended by EBRD President Sir Suma Chakrabarti and Indian Finance Minister Arun Jaitely.
Summary: The European Bank for Reconstruction and Development (EBRD) will donate, in the next three years, EUR 14 million under technical assistance for the benefit of 700 small and medium enterprises
Summary: The European Bank for Reconstruction and Development (EBRD) and the Asian Infrastructure Investment Bank (AIIB) are to deepen their cooperation in promoting economic development and investment in their shared regions.
The European Bank for Reconstruction and Development will provide 6.5 million Euro for the project, including 1.5 million Euro loan, 3.6 million Euro grant, 1.4 million Euro grant.
After the transaction, EBRD is left with a 1% stake in Zachodni, which is subject to a 180-day lock-up.Country: PolandSector: Banking/Financial ServicesTarget: Bank Zachodni WBK SABuyer: Unnamed buyersVendor: The European Bank for Reconstruction and Development (EBRD)Type: DivestmentStatus: Closed
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