News

EBRD President discusses corona virus response with MDB heads

EBRD President Sir Suma Chakrabarti has held a telephone conference with other heads of leading multilateral development banks (MDBs) as they continued to coordinate their response to the impact of the corona virus pandemic on their member countries.

EBRD allocates $150 million for infrastructure development in Tajikistan

A $150 million loan by the EBRD will finance the construction of a 44-kilometer stretch of the M41 road, the main transport corridor in the country linking Tajikistan with the Kyrgyz Republic, Kazakhstan, and China.

EBRD sets new investment record in Uzbekistan

The European Bank for Reconstruction and Development (EBRD) achieved a new record in Uzbekistan in 2019 with an annual investment of $576 million (€517 million) through 13 private and public sector projects.

EBRD finances major infrastructure project in Mongolia

Regional integration and international trade between Mongolia, [People's Republic of] China, and Russia will be boosted by the completion of a major infrastructure project supported by the EBRD.

EBRD and partners deepen green finance in Georgia

Intensifying the effort to strengthen Georgia’s energy efficiency, the European Bank for Reconstruction and Development (EBRD) is launching a new Green Economy Financing Facility for the country.

EBRD to finance additional green buses for Tbilisi

The European Bank for Reconstruction and Development (EBRD) is bringing an additional 200 modern, low-floor buses to Tbilisi in response to the ever-growing demand for public transport in Georgia’s fast-growing capital city.

EBRD and EU support dairy farmers in Tajikistan

The Enhanced Competitiveness of Tajik Agribusinesses Project , through which the The EBRD provides up to €20 million to beneficiaries through local banks and microfinance institutions, while the European Union (EU) complements it with €10 million for technical support, investment grants, and risk sharing.

Azerbaijan joins EBRD donor community

A $2 million grant contribution from the Ministry of the Economy of Azerbaijan will support European Bank for Reconstruction and Development (EBRD) projects in a wide range of sectors to help diversify the country’s economy, promote the development of private businesses outside the oil sector, enhance innovation and boost exports.

EBRD opens second office in Uzbekistan

The EBRD is expanding its regional presence in Central Asia’s most populated region by opening an office in Andijan, one of the largest municipalities in east Uzbekistan.

EBRD president praises Kazakhstan’s investment potential

In addition to its geographical location at the crossroads of transcontinental trade routes connecting Europe and Asia and being a key component of the Belt and Road Initiative, Kazakhstan also offers an attractive investment climate, abundant resources in renewable energy, and “high quality human capital,” according to EBRD President Suma Chakrabarti.