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European Bank for Reconstruction and Development 'EBRD' Details, Structure, Services
European Bank for Reconstruction and Development 'EBRD' Details, Structure, Members, Services
The European Bank for Reconstruction and Development (EBRD) is an international financial institution, which was founded in 1991.
EBRD as a multilateral developmental investment bank, the EBRD uses investment as a tool to build market economies.
EBRD is headquartered in London, the EBRD is owned by 65 countries and two EU institutions. Despite its public sector shareholders, it invests in private enterprises, together with commercial partners.
EBRD has members from all over the world including North America, Africa, Asia and Australia, with the biggest shareholder being the United States, but only lends regionally in its countries of operations.
EBRD primarily focused on the countries of the former Eastern Bloc it expanded to support development in more than 30 countries from central Europe to central Asia.
EBRD invests in 38 emerging economies across three continents, according to a set of criteria that aim to make its countries more competitive, better governed, greener, more inclusive, more resilient and more integrated.
India & EBRD
India is the 69th shareholder in EBRD. EBRD has cooperated with Indian enterprises on several joint projects worth almost €1 billion, including investments with Indian companies such as Tata, SREI, Jindal and Mahindra and Mahindra.
EBRD is also working closely with leading Indian organisations, such as FICCI, the Confederation of Indian Industry (CII), the Associated Chambers of Commerce & Industry of India (ASSOCHAM) and the International Solar Alliance (ISA).
