A new bank in Kosovo, BPB, has joined the energy efficiency financing programme of the European Bank for Reconstruction and Development (EBRD). Under an agreement signed in Pristina today by EBRD President Sir Suma Chakrabarti and Arton Celina, the Chief Executive Officer of BPB, the bank will receive a €1 million EBRD credit line for [...]
EBRD has launched a programme to support SME development and stimulate sector growth. The European Bank for Reconstruction and Development (EBRD) continues to commit resources to supporting Ukraine’s agribusiness sector, which is one of the driving forces of the domestic economy. Of the €1 billion in new funding channelled to Ukraine by the EBRD in [...]
International donors have committed €11 million to a new fund established and managed by the EBRD that will support Ukraine’s efforts to reform its economy, improve its business climate and return to a path of sustainable growth. Grants to the EBRD-Ukraine Stabilisation and Sustainable Growth Multi-Donor Account (MDA) were made available by Finland, France, Germany, [...]
Private Croatian enterprises will benefit from a €20 million loan the EBRD is providing to SG Leasing d.o.o., a local subsidiary of Société Générale Splitska Banka d.d., to expand lease financing for equipment, light commercial vehicles, trucks and trailers. The EBRD is supporting the recovery of the sector with a new Croatia Leasing Sector Framework [...]
The EBRD Board of Directors has adopted a new strategy for Slovenia which sets out the Bank’s priorities in the country for the next four years. Slovenia’s government is committed to a continuation of key reforms as outlined in its National Reform Programme. Over time, this will address excessive leverage and poor governance in the [...]
“This year’s Transition Report explains why some countries may be ‘stuck’ in traps with little or no reform, but also indicates ways to break out of them.” Erik Berglof Annual transition report 2013