European Bank for Reconstruction and Development

The European Bank for Reconstruction and Development (EBRD) is a multilateral developmental investment bank established in 1991. It uses investment as a tool to build market economies, primarily focusing on private enterprises in countries from Central Europe to Central Asia and the Southern and Eastern Mediterranean. The EBRD provides project financing through loans, equity investments, and guarantees, and also engages in policy dialogue and technical assistance to foster innovation and build modern, competitive economies.