Tag Archives: Odile Renaud-Basso

EBRD Mobilizes Funding to Strengthen Ukraine’s Energy Security

(IN BRIEF) In response to recent attacks by Russia on Ukraine’s energy infrastructure, the European Bank for Reconstruction and Development (EBRD) has pledged over €300 million in additional funding to support the country’s state-owned energy companies. This commitment, formalized through … Read the full press release

EBRD Funds Sustainable Transport Solutions in Tajikistan’s Capital

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing up to €28.45 million to upgrade key infrastructure and develop sustainable transportation solutions for Tajikistan’s capital, Dushanbe. This project marks the third initiative under the Dushanbe Green City … Read the full press release

EBRD and Swiss Government Boost Water Infrastructure in Tajikistan with €2.7 Million Investment

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the Swiss government are teaming up to provide €2.7 million towards the completion of vital water projects in Fayzobod, Tajikistan. This financial package will support upgrades to water supply … Read the full press release

EIB President Leads Delegation to Washington DC for Multilateral Development Meetings

(IN BRIEF) The European Investment Bank (EIB) Group, led by President Nadia Calviño, is set to participate in the 2024 Spring Meetings of the International Monetary Fund and the World Bank Group in Washington DC. The delegation, including Vice-Presidents Ambroise … Read the full press release

Matteo Patrone Appointed Vice President, Banking at EBRD

(IN BRIEF) Matteo Patrone has been appointed as Vice President, Banking at the European Bank for Reconstruction and Development (EBRD), effective May 1st, 2024. In his new role, Patrone will oversee the effective delivery of the bank’s investment and advisory … Read the full press release

EBRD Hosts Western Balkans Investment Summit, Spotlighting Regional Potential

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) convened the Western Balkans Investment Summit 2024 in London, welcoming the heads of government from Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia. The summit aimed to showcase … Read the full press release

European Bank for Reconstruction and Development (EBRD) Appoints Burkhard Kübel-Sorger as Vice President and Chief Financial Officer

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has announced the appointment of Burkhard Kübel-Sorger as its new Vice President and Chief Financial Officer (CFO), effective from July 1, 2024. Mr. Kübel-Sorger brings with him a wealth of … Read the full press release

EBRD Sets Investment Record of €2.1 Billion in Ukraine for 2023, Focusing on Recovery and Reconstruction

(IN BRIEF) In 2023, the European Bank for Reconstruction and Development (EBRD) marked a significant increase in investments in Ukraine, deploying a record €2.1 billion, following €1.7 billion in 2022. The EBRD’s investment efforts were directed toward supporting Ukraine’s recovery … Read the full press release

EBRD Achieves Record Investments of €13.1 Billion in 2023, Focusing on Green Economy and Crisis Response

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) announced a significant milestone by delivering a record €13.1 billion in investments in 2023, marking a year of achievements and challenges. The bank reported record levels of investments, green financing, … Read the full press release

Crisis-Resilient Partnership: EBRD Grants €150 Million Loan to Ukrenergo for Ukraine’s Energy Security Amid Ongoing Conflict

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a €150 million sovereign-backed loan to Ukraine’s electricity transmission company, Ukrenergo, as part of a comprehensive effort to support Ukraine’s energy security amidst the ongoing conflict with Russia. … Read the full press release

EBRD to Include Climate Resilient Debt Clauses in Loan Agreements for Vulnerable Countries

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has announced the inclusion of climate resilient debt clauses (CRDC) in new loan agreements with sovereign, sovereign-guaranteed, and municipal clients from lower-middle-income countries where it operates. These CRDCs will allow … Read the full press release

EBRD Commits €65.9 Million to Enhance Infrastructure and Climate Resilience in Kyrgyz Republic

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has pledged €65.9 million in sovereign loans and grant funding to improve the electricity and water supply systems in the Kyrgyz Republic, addressing critical infrastructure and climate resilience needs. The … Read the full press release

EBRD Lends €200 Million to Naftogaz for Strategic Gas Reserves, Bolstering Ukraine’s Energy Security Amidst Conflict

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is extending a €200 million loan to Ukraine’s state-owned gas entity, Naftogaz (NAK), to support the establishment of strategic gas reserves during the second winter heating season since the Russian … Read the full press release

Benin and Côte d’Ivoire Gain Approval to Join European Bank for Reconstruction and Development (EBRD)

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has received shareholder approval to admit Benin and Côte d’Ivoire as members of the multilateral financial institution. The applications from Benin and Côte d’Ivoire for EBRD membership, submitted in July … Read the full press release

EBRD Achieves €3 Billion Investment Target to Support Ukraine Amidst Russian Conflict

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has successfully met its goal of deploying €3 billion in financing to Ukraine’s real economy in 2022-23 to mitigate the effects of the ongoing conflict with Russia. The investment focuses … Read the full press release

Multilateral Development Banks Collaborate to Simplify Procurement for Ukraine’s Reconstruction

(IN BRIEF) Four multilateral development banks, including the Council of Europe Development Bank (CEB), the European Bank for Reconstruction and Development (EBRD), the European Investment Bank (EIB), and the World Bank, have agreed to harmonize their procurement practices for public … Read the full press release

EBRD Appoints Jelena Madir as New Chief Compliance Officer to Uphold Integrity and Governance

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has named Jelena Madir as the new Managing Director and Chief Compliance Officer. In this crucial role, she will oversee the Office of the Chief Compliance Officer (OCCO), tasked with … Read the full press release

Moldova’s Improved Road Infrastructure: EBRD-Financed Ciumai-Vulcanesti Road Section Opens

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has financed the rehabilitation of the 55-km Ciumai-Vulcanesti road section in Moldova. The road is an essential part of the strategic M3 Chișinău-Giurgiulești road, connecting Trans-European Network corridors and providing … Read the full press release

Moldovan Railways Secures €23 Million Loan from EBRD for Key Rail Corridor Upgrade

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has granted a €23 million loan to Moldovan Railways to support the rehabilitation of two critical sections of railway lines on Moldova’s North-South Rail Corridor. The project aims to enhance … Read the full press release

EBRD and Mastercard Center for Inclusive Growth Strengthen Collaboration on Gender Equality and Small Business Support

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and Mastercard Center for Inclusive Growth have announced an expansion of their collaboration on gender equality, small business support, and digital transformation. The Memorandum of Understanding (MoU) between the organizations … Read the full press release

Bianca Bellová and Translator Alex Zucker Receive EBRD Literature Prize for ‘The Lake’

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has announced the winner of the EBRD Literature Prize 2023. “The Lake” by Bianca Bellová, translated from Czech into English by Alex Zucker and published by Parthian Books, emerged as … Read the full press release

EBRD Welcomes Canada’s Inclusion in HIPCA Partnership for Climate Action

(IN BRIEF) Canada has joined the European Bank for Reconstruction and Development (EBRD)’s High-Impact Partnership for Climate Action (HIPCA), strengthening its support for climate action. HIPCA, launched at COP26 in 2021, focuses on combating climate change and environmental degradation through … Read the full press release

European Institutions and ILX Management Collaborate to Support Sustainable Development in Emerging Markets

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD), in collaboration with the European Union (EU) and ILX Management, has formed a partnership to enhance private-sector finance in emerging markets. The initiative aims to attract investments of up to … Read the full press release

EBRD and European Commission Join Forces to Enhance Moldova’s Rail Infrastructure

(IN BRIEF) EBRD and the European Commission have approved a financial package to rehabilitate railway lines in Moldova. The €71 million project will receive a €20 million investment grant from the EU, a €23 million loan from EBRD, and €28 … Read the full press release

EBRD loan to fund two residential rental projects in Warsaw to address housing shortage

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has approved a loan equivalent to €50 million to NREP Nordic Strategies Fund IV’s Polish subsidiaries for two residential rental projects in Warsaw. The loan includes an uncommitted tranche for … Read the full press release

Cersanit sichert sich von der EBRD ein Darlehen in Höhe von 42 Millionen Euro, um in polnische und ukrainische Betriebe zu investieren

(IN KÜRZE) Die Europäische Bank für Wiederaufbau und Entwicklung (EBRD) stellt Cersanit SA, einem führenden polnischen Hersteller von Keramikfliesen und Badezimmerausstattung mit einer bedeutenden Präsenz in der Ukraine, eine langfristige Finanzierung in Höhe von 42 Millionen Euro zur Verfügung. Die … Read the full press release

Spain reaffirms strategic partnership with EBRD to support Ukraine’s recovery

(IN BRIEF) Spain and the European Bank for Reconstruction and Development (EBRD) are working together to improve Ukraine’s food security and municipal sector. Spain has committed to providing guarantees worth up to €100 million to support EBRD’s operations in Ukraine’s … Read the full press release

EBRD to open a new EUR 20 million credit line to ProCredit Bank Kosovo in support of SMEs in the country

New EBRD credit line of €20 million to ProCredit Bank Kosovo New finance for SME investments in sustainable, green technologies Bank to extend an additional €5 million under its Trade Facilitation Programme (PRESS RELEASE) LONDON, 14-Apr-2022 — /EuropaWire/ — The European … Read the full press release

La BERS aprirà una nuova linea di credito da 20 milioni di EUR a ProCredit Bank Kosovo a sostegno delle PMI del Paese

(COMUNICATO STAMPA) LONDRA, 14-Apr-2022 — /EuropaWire/ — La Banca europea per la ricostruzione e lo sviluppo (EBRD), una banca di investimento multilaterale per lo sviluppo , ha annunciato di aver aperto una nuova linea di credito da 20 milioni di … Read the full press release

EBRD appoints Elisabetta Falcetti as the new Head for Poland

(PRESS RELEASE) LONDON, 15-Jun-2021 — /EuropaWire/ — European Bank for Reconstruction and Development (EBRD) announces the appointment of Elisabetta Falcetti as the new Head in in central Europe and the Baltic states (CEB). EBRD President Odile Renaud-Basso has formally introduced … Read the full press release

EBRD highlights its strong commitment to promoting gender equality by joining initiative to step up women empowerment

2X Challenge plans to raise US$ 15 billion by end-2022 Enhancing women’s access to entrepreneurship and leadership opportunities (PRESS RELEASE) LONDON, 9-Jun-2021 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) announces that it has joined the 2X … Read the full press release

EBRD welcomes Istanbul as the 47th member of EBRD Green Cities urban sustainability programme

EBRD President Renaud-Basso and Istanbul’s Mayor sign accord Turkish metropolis to scale up urban regeneration with new metro line EBRD to help design tailor-made environmental improvement plan for Istanbul (PRESS RELEASE) LONDON, 3-May-2021 — /EuropaWire/ — EBRD announces that Istanbul, … Read the full press release

French Treasury Director-General Odile Renaud-Basso to succeed Sir Suma Chakrabarti as EBRD president

(PRESS RELEASE) LONDON, 8-Oct-2020 — /EuropaWire/ — The European Bank for Reconstruction and Development (EBRD) announces that its Board of Governors has elected Odile Renaud-Basso of France as its next President. Currently Director-General at the French Treasury, Ms Renaud-Basso replaces Sir Suma … Read the full press release