EBRD

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending a €4.6 million loan to the city of Balti in Moldova to support the enhancement of public transport and street lighting infrastructure. This investment, totaling €7 million, will … Read the full press release →

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is bolstering Egypt’s agribusiness sector with a $20 million loan to Afia International, a prominent manufacturer of edible vegetable oils and ghee in the country. This financing will primarily support … Read the full press release →

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is investing €15 million in PHH Group, a leading e-commerce platform in the Baltic states. This investment aims to support the expansion of PHH Group’s logistical capacity and cross-border fulfillment … Read the full press release →

(IN BRIEF) Ukrainian siblings, Olena and Rostyslav Vovk, have transformed their family business, Enzym Group, from a Soviet-era yeast plant into a modern, diversified company. Enzym Group is now a market leader in the yeast industry and produces yeast food … Read the full press release →

(IN BRIEF) Remediation work at legacy uranium mining sites in Uzbekistan is being funded by a €9 million grant from the Environmental Remediation Account for Central Asia (ERA), established by the European Union (EU) and managed by the European Bank … Read the full press release →

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a €25 million loan to Ak Finansal Kiralama (AKLease) in Turkey. This loan, part of the EBRD’s Green Economy Financing Facility (GEFF), is aimed at supporting green and … Read the full press release →

(IN BRIEF) A coalition of development finance institutions and multilateral organizations, known as the Global Green Bond Initiative (GGBI), has partnered with the Inter-American Development Bank (IDB) and IDB Invest to collaborate on promoting green bond markets in Latin America … Read the full press release →

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are collaborating to enhance access to finance for Armenian micro, small, and medium-sized enterprises (MSMEs) through Acba Bank. The EBRD is providing a loan equivalent … Read the full press release →

(IN BRIEF) Mark Davis has been appointed as the new Regional Head of Central Europe for the European Bank for Reconstruction and Development (EBRD). In his new role, he will oversee EBRD operations in Croatia, the Czech Republic, Hungary, the … Read the full press release →

(IN BRIEF) During the Finance in Common Summit in Cartagena, public development banks, including the AFD, ADB, CAF, CDP, EBRD, EIB, IDB, KfW Development Bank, and BOAD, have committed to collaborating on a Blue Finance Roadmap to address ocean protection … Read the full press release →

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a €22 million long-term loan to Kervan Gıda Sanayi ve Ticaret A.Ş, a major Turkish jelly sweets exporter. The funds will support the expansion of jelly and liquorice … Read the full press release →

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has named Gretchen Biery as Director for its eastern Mediterranean region, overseeing operations in Jordan, Lebanon, and the West Bank and Gaza. Effective from September 1, 2023, she reports to … Read the full press release →

(IN BRIEF) The EBRD (European Bank for Reconstruction and Development) and Addiko Bank Banja Luka in Bosnia and Herzegovina have signed a €5 million loan agreement to support small and medium-sized enterprises (SMEs). This marks the EBRD’s third loan to … Read the full press release →

(IN BRIEF) Meergul, owner of Art Hotel in Osh, Kyrgyzstan, has transformed an old building into a unique boutique hotel with distinct room designs and local artwork. Despite being hard of hearing, Meergul is a social entrepreneur who actively promotes … Read the full press release →

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is granting a loan of up to €25 million to LifeSpot, a residential rental accommodation operator in Poland. The loan aims to address Poland’s housing shortage, which has been exacerbated … Read the full press release →

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending a €100 million emergency liquidity loan to JSC Elektrani na Severna Makedonija (ESM), the public electricity utility of North Macedonia. This loan aims to enhance ESM’s financial stability, … Read the full press release →

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved a €15 million loan to Alba Iulia, Romania, to revitalize the city’s public transport infrastructure. The project, co-financed by the European Union, aims to transform over 15 km … Read the full press release →

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has initiated a strategic partnership with Ukraine’s PrivatBank by issuing a €60 million risk-sharing instrument to facilitate €240 million in newly originated loans for critical industries, particularly agribusiness. PrivatBank, a … Read the full press release →

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is offering a financial package to Ukraine’s Bank Lviv, consisting of a local-currency loan equivalent to €15 million and a €7.5 million risk-sharing instrument. This package will facilitate €30 million … Read the full press release →

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending a US$ 109 million loan to Turkiye İş Bankası (İşbank), the largest private bank in Türkiye, to aid businesses and individuals affected by the devastating earthquakes that hit … Read the full press release →