• The EBRD HAS pledged further support for war-torn Ukraine with plans to increase its capital by 3 billion-5 billion euros.


  • The European Bank for Reconstruction and Development (EBRD) is an international financial institution.
  • It was founded in April 1991 to support countries of the former Eastern Bloc in the process of establishing their private sectors.
  • EBRD, as a multilateral development investment bank, uses investment as a tool in building market economies.
  • HQ- London
  • It provides project financing mainly for private enterprises, usually together with other commercial lending partners, in countries that are committed to, and apply, democratic principles.
  • It prioritizes support for countries in Central and West Asia, and North Africa.
  • The organization also promotes environmentally sustainable development and gender equality and promises to be fully transparent.
  • It does not finance stand-alone gambling facilities, substances banned by international law, selected alcoholic products, defence-related activities and the tobacco industry.
  • It is owned by 69 countries from five continents, as well as the European Union and the European Investment Bank.
  • India became the EBRD’s 69th shareholder when it joined the Bank in July 2018.
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