Tag Archives: EBRD

EIB and EBRD Strengthen Partnership with New Mutual Reliance Agreement to Streamline Project Financing

(IN BRIEF) The EIB and EBRD have taken a significant step forward in their partnership by signing a Mutual Reliance Agreement, which aims to reduce administrative burdens, improve project financing efficiency, and ensure the highest environmental and social standards in … Read the full press release

Greg Guyett Appointed as EBRD’s New First Vice President and Head of Client Services Group

(IN BRIEF) Greg Guyett has been appointed as the new First Vice President and Head of the Client Services Group at the European Bank for Reconstruction and Development (EBRD), starting September 1, 2025. He will succeed Jürgen Rigterink and lead … Read the full press release

EBRD Clears Path for First-Ever Expansion into Sub-Saharan Africa and Iraq

(IN BRIEF) The EBRD has secured the necessary shareholder approval to amend its statutes and expand operations into select sub-Saharan African countries and Iraq. This move, set to take effect in three months, follows the approval of the amendment by … Read the full press release

EBRD Loan Supports UzCarlsberg in Enhancing Production and Food Safety in Uzbekistan

(IN BRIEF) The EBRD is providing UzCarlsberg with a US$ 6 million working capital loan to support the acquisition of ingredients and packaging materials, enhancing operational efficiency and food safety in Uzbekistan. The loan will help the company manage seasonal … Read the full press release

New EBRD Facility Supports Ukraine’s Energy Security and War Recovery Through Loans and Grants to Businesses and Households

(IN BRIEF) The EBRD has extended a portfolio-risk-sharing facility to Raiffeisen Bank Ukraine to unlock €100 million in investments supporting Ukraine’s energy security. As the fourth Ukrainian bank to join the EBRD’s Energy Security Support Facility, RBU will issue loans … Read the full press release

EBRD Launches Global Tender for New Investor to Drive Growth at Moldova’s Giurgiulesti International Free Port

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has launched an international tender to identify a new investor for Giurgiulesti International Free Port, Moldova’s key maritime asset. In coordination with the Moldovan government, the EBRD aims to attract … Read the full press release

EBRD Extends €120 Million Loan to AFI Europe to Drive Sustainable Real Estate Growth in CEE

(IN BRIEF) The EBRD has provided a regional loan of up to €120 million to AFI Europe to fund its expansion in Serbia, Poland, Romania, and Czechia. The financing will support the development of AFI’s modern portfolio in central and … Read the full press release

EBRD Fuels Estonia’s Green Future with €20M Investment in Coop Pank’s First Covered Bond

(IN BRIEF) The EBRD has invested €20 million in Coop Pank’s first-ever covered bond, listed on the Dublin Stock Exchange, to support the development of Estonia’s emerging capital markets and green financing initiatives. This investment marks the first EBRD transaction … Read the full press release

EBRD Unveils Diverse Short List for Prestigious Literature Prize Across Seven Investment Regions

(IN BRIEF) The EBRD has announced the short list for its annual Literature Prize, featuring ten English translations of books by authors from seven countries where the Bank invests. Selected by an independent jury led by Maya Jaggi, the short … Read the full press release

EIB Global Invests €25 Million to Modernize Air Navigation in Serbia and Montenegro, Boosting Efficiency and Sustainability

(IN BRIEF) The European Investment Bank (EIB Global) has committed €25 million to upgrade the air navigation control system in Serbia and Montenegro, a project aimed at enhancing safety, efficiency, and environmental performance. This investment will fund the development of … Read the full press release

EBRD Partners with Raiffeisen Bank to Support Digital Transformation of SMEs in Bosnia and Herzegovina

(IN BRIEF) The EBRD is lending €10 million to Raiffeisen Bank Bosnia and Herzegovina under the Go Digital in Western Balkans Programme, aimed at boosting SMEs’ competitiveness through digitalisation, sustainability, and green economy technologies. The programme is supported by EU … Read the full press release

AkylAI Pioneers AI in Kyrgyz Language with Support from EBRD’s Star Venture Program

(IN BRIEF) AkylAI, the first artificial intelligence system fully compatible with the Kyrgyz language, is breaking new ground in the digital world by preserving and promoting the native tongue. With the help of the EBRD’s Star Venture program, the Kyrgyz … Read the full press release

EBRD Assists Croatia in Developing Strategic Framework for Capital Markets Expansion

(IN BRIEF) The EBRD is collaborating with Croatia’s Ministry of Finance to design a Strategic Framework for Capital Markets Development, aiming to strengthen the country’s financial sector. The framework, which includes five strategic directions, will guide Croatia’s capital market development … Read the full press release

EBRD Appoints Fatoumata Bouaré as Vice President and Chief Risk Officer to Lead Risk Strategy and Expansion

(IN BRIEF) The EBRD has appointed Fatoumata Bouaré as Vice President and Chief Risk Officer, effective May 1, 2025. Ms. Bouaré, with extensive experience in both development and commercial banking, will oversee multiple departments and serve as a member of … Read the full press release

EBRD Provides €35 Million Loan to Support Montenegro’s Energy Infrastructure Upgrade with SCADA, ADMS, and Smart Meters

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved a €35 million loan to Crnogorski Elektrodistributivni Sistem (CEDIS) to enhance Montenegro’s energy infrastructure. The funding will be used to introduce advanced SCADA and ADMS systems, along with … Read the full press release

EBRD Partners with Bank Millennium for €66 Million Synthetic Securitisation Deal to Boost Lending and Support Green Projects

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has signed a €66 million synthetic securitisation deal with Bank Millennium in Poland, marking the EBRD’s second capital relief transaction in the country. This deal will help Bank Millennium strengthen … Read the full press release

EBRD Provides €25 Million Loan for Gender-Responsive Green Investments in Türkiye

(IN BRIEF) The EBRD has provided a €25 million loan to BNP Paribas Finansal Kiralama in Türkiye to support gender-responsive green investments. This loan, part of the Türkiye Green Economy Financing Facility II, aims to fund projects in energy efficiency, … Read the full press release

EIB Grants €4.7 Million for Hrybovychi Landfill Reclamation Project in Lviv

(IN BRIEF) The European Investment Bank (EIB) has granted a €4.7 million EU-backed loan to support the reclamation of the Hrybovychi landfill in Lviv, Ukraine. This funding will help improve waste management infrastructure, address environmental hazards, and transform the landfill … Read the full press release

Miljan Zdrale Named EBRD Regional Director for Central Europe and Head of Croatia

(IN BRIEF) The EBRD has appointed Miljan Zdrale as Regional Director for Central Europe and Head of Croatia, effective January 2025. With over 20 years of experience at the EBRD, including his current role as Regional Head of Agribusiness for … Read the full press release

EBRD and ZABA Partner to Unlock €100M for Green Energy Projects in Croatia

(IN BRIEF) The EBRD has partnered with Zagrebačka banka (ZABA) to launch its first green uncapped portfolio guarantee under the EU’s InvestEU Programme. This €80 million guarantee aims to unlock €100 million in financing for green projects in Croatia, focusing … Read the full press release