The European Bank for Reconstruction and Development (EBRD)
The Federation of Euro-Asian Stock Exchanges
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About Company
Established: 1991
President: Ms Odile Renaud-Basso
Address: One Exchange Square,
London EC2A 2JN, United Kingdom
Website: www.ebrd.com
- Joined FEAS in 2015-
Alex Pivovarsky
Director of Capital Markets
Development Team
Year in review
The European Bank for Reconstruction and Development’s (EBRD) purpose is to foster transition towards open-market economies and to promote private and entrepreneurial initiative in its countries of operations committed to and applying the principles of multiparty democracy, pluralism and market economics. As EBRD is in first place an investment bank the year 2021 performance should be judged from this perspective. The Total Annual Bank Investment (ABI) reaches €10.4 billion, its second highest figure ever. The record of €11 billion was set in 2020 when its investments were buoyed by emergency lending at the start of the Covid-19 pandemic. The EBRD’s green financing hit a record €5.4 billion, or 51 per cent, of total business volume in 2021. These excellent results underscore the Bank’s strong dedication to continuing to support its clients in the wake of the pandemic as well as its commitment to decarbonise economies and enable the transition to a more sustainable future.
EBRD’s development related exposure by region (EoY 2021)
Mobilising finance to deliver transition impact, with a particular emphasis on private investment, remains the core strategic goal for the coming years as well. Over the five year period of 2021-2025 the Bank can lend consistently up to €13 billion annually compared to the record level of annual lending of close to €11 billion in 2020. The overarching goal is for the EBRD to preserve and accelerate transition in its countries of operations through the overlapping and differentiated crisis and recovery phases in response to the Covid-19 crisis and to continue tackling deep-rooted broader challenges, including environmental, demographics and technological transformation.