Author (Corporate) | European Bank for Reconstruction and Development |
---|---|
Publisher | EBRD |
Publication Date | 2016 |
Content Type | Key Source, Overview |
The European Bank for Reconstruction and Development fosters transition to market economies in countries from central and eastern Europe to central Asia and the southern and eastern Mediterranean The EBRD is an international financial institution that supports projects in 34 countries from central Europe to central Asia. Investing primarily in private sector clients whose needs cannot be fully met by the market, the Bank promotes entrepreneurship and fosters transition towards open and democratic market economies. The EBRD is the largest single investor in the region and also mobilises significant foreign direct investment into its countries of operations. The Bank invests mainly in private enterprises, usually together with commercial partners. It provides project financing for the financial sector and the real economy, both new ventures and investments in existing companies. It also works with publicly-owned companies to support privatisation, restructuring of state-owned firms and improvement of municipal services. Owned by 64 countries and two intergovernmental institutions (EU and EIB), the EBRD maintains a close political dialogue with governments, authorities and representatives of civil society to promote its goals. In all its operations the EBRD follows the highest standards of corporate governance and sustainable development. As a public institution the EBRD is committed to a rigorous public information policy. |
|
Source Link | Link to Main Source http://www.ebrd.com/ |
Countries / Regions | Central Europe, Eastern Europe |