Our history
The EBRD was established in 1991 to help build a new, post-Cold War era in Central and Eastern Europe, going on to foster change in a wider region.
Who we are
The European Bank for Reconstruction and Development (EBRD) was founded in 1991 to create a new post-Cold War era in central and eastern Europe.
We are now doing more than ever before - across three continents - to further progress towards ‘market-oriented economies and the promotion of private and entrepreneurial initiative’.
Our values
A clearly defined set of standards governs all our work as we strive to develop a healthy investment climate and promote environmentally and socially sound and sustainable development.
Partnering for impact
The EBRD develops partnerships with an array of stakeholders in local and international business, investment and development communities to facilitate our work.
We engage with Civil Society organisations in the countries where we work.
Donors work with us to fund specific projects and initiatives.
We team up with financial services providers to develop the financial sector and foster entrepreneurship and we partner with other international financial institutions such as the World Bank, joining forces in investments, strategic initiatives and policy reform.
Our structure and governance
The EBRD is owned by 73 countries, as well as the European Union and the European Investment Bank. Each shareholder is represented on the Board of Governors, which has overall authority over the Bank. Our President is Odile Renaud-Basso (left). The President manages our work under the guidance of the Board of Directors. The Executive Committee and senior leadership group advise the President and oversee EBRD activities.