European Bank for Reconstruction and Development (EBRD) Press Releases - EIN Presswire

Published on June 12, 2024 - 11:01 GMT

EBRD guarantee to Raiffeisen Bank Ukraine to unlock €100 million of new business finance

EBRD provides unfunded portfolio risk-sharing facility to Raiffeisen Bank Ukraine Facility will unlock €100 million of new financing for Ukrainian businesses Focus on agribusiness and critical industries, with EU support for competitiveness upgrades The …

Distribution channels: Banking, Finance & Investment Industry

Published on June 12, 2024 - 11:01 GMT

EBRD lends €20 million in local currency to Ukraine’s Bank Lviv

Читати українською EBRD lends €20 million in local currency to Ukraine’s Bank Lviv Loan will support Bank Lviv in providing access to finance to small and medium enterprises Green financing will be among priorities under the new loan The European Bank for …

Distribution channels: Banking, Finance & Investment Industry

Published on June 11, 2024 - 16:03 GMT

Supporting Ukraine with €517 million of EU funding through EBRD

The EU funding will in turn support a further €143 million of new EBRD projects with Ukrainian cities, and the rest of the funding will be deployed swiftly in several critical areas. The EBRD and EU have stood resolutely by Ukraine in wartime, …

Distribution channels: Banking, Finance & Investment Industry

Published on June 11, 2024 - 08:50 GMT

EBRD helps boost reliability of energy supply in the Kyrgyz Republic

EBRD funds to help upgrade substations across the Kyrgyz Republic EBRD financing of €14 million to improve sustainability of energy supply in the Kyrgyz Republic Financing to upgrade substations and strengthen the grid to integrate renewables Further new …

Distribution channels: Banking, Finance & Investment Industry

Published on June 10, 2024 - 21:53 GMT

EBRD announces settlement with Turkish construction company Özaltın

EBRD and Özaltın reach settlement regarding fraud in EBRD-financed project Sanction consists of 11-month debarment followed by a 24-month conditional non-debarment Settlement reduces debarment period due to Özaltın’s cooperation and other remedial actions …

Distribution channels: Banking, Finance & Investment Industry

Published on June 10, 2024 - 21:53 GMT

EBRD, UK and EU expand wastewater infrastructure services in Jordan

EBRD, UK and EU provide financing of up to €27.1 million to Jordan’s water authority Package to provide first-time sanitation services and improve quality and treatment of wastewater in West Irbid New plant to treat 12,000 cubic metres of wastewater per …

Distribution channels: Banking, Finance & Investment Industry

Published on June 10, 2024 - 14:10 GMT

EBRD and We-Fi help to digitalise remote hotel in Tajikistan

Bringing local culture to tourists Lali Mamadsultonova owns a small hotel in Khorog, a remote Tajik city with a population of 32,000. The city is 2,200 metres above sea level in the Pamir Mountains, and its breath-taking views attract many tourists. Lali …

Distribution channels: Banking, Finance & Investment Industry

Published on June 10, 2024 - 14:10 GMT

EBRD helps Kyiv Medical University maintain education in wartime

Despite Russia’s invasion, which has decimated thousands of educational institutions, Ukraine’s schools and universities remain steadfast in their commitment to educating the nation. One university, in particular, is standing up to the attack on education …

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Published on June 10, 2024 - 14:10 GMT

EBRD starts public consultation on new Infrastructure Sector Strategy

EBRD initiates public consultation on new draft Infrastructure Sector Strategy 2025-29 Public is invited to comment by 26 July 2024 The revised strategy then goes before EBRD’s Board of Directors for approval The European Bank for Reconstruction and …

Distribution channels: Banking, Finance & Investment Industry

Published on June 7, 2024 - 13:10 GMT

EBRD President visits wartime Ukraine with energy support plan

Читати українською EBRD President, Vice President Banking, and Managing Director for Ukraine visit Kyiv One energy support plan signed, further support for Ukraine’s energy sector explored Ukraine’s biggest institutional investor, EBRD has deployed over €4 …

Distribution channels: Banking, Finance & Investment Industry

Published on June 7, 2024 - 13:10 GMT

EBRD invests in Dekpol’s bond issuance in Poland

EBRD invests PLN 43 million (€10 million equivalent) in bonds issued by Dekpol in Poland Private placement of PLN 225 million bond issuance to finance Dekpol’s corporate needs and green investment programme EBRD financing supports Dekpol’s transition to …

Distribution channels: Banking, Finance & Investment Industry

Published on June 6, 2024 - 11:19 GMT

EBRD supports landmark MREL bond issuance in Western Balkans

EBRD invests RSD 2.3 billion in landmark bond issuance by Raiffeisen Banka Beograd New standard set for raising MREL-eligible funding in Serbia and the wider Western Balkans Investment contributes to central bank’s strategy on dinarisation The European …

Distribution channels: Banking, Finance & Investment Industry

Published on June 5, 2024 - 17:54 GMT

EBRD to mobilise €300 million to boost Ukraine’s energy security

In response to Russia’s latest attacks on Ukraine’s energy infrastructure, the European Bank for Reconstruction and Development (EBRD) is providing further funding to the country’s state-owned energy companies, including EBRD clients Ukrenergo, …

Distribution channels: Banking, Finance & Investment Industry

Published on June 5, 2024 - 11:23 GMT

EBRD and EU launch new programme to support Lebanese enterprises

EU funds new SME support programme focused on resource efficiency and circularity EBRD and EU mark milestone of supporting innovative SMEs in Lebanon Selection of SMEs to receive EU-funded Resource Efficiency and Circularity Grants The European Bank for …

Distribution channels: Banking, Finance & Investment Industry

Published on June 4, 2024 - 16:48 GMT

EBRD, EU and GCF support Jordanian water bottling company

In a country like Jordan, where natural water sources are among the scarcest in the region, one would think that sourcing quality water would be the main struggle for a company aspiring to establish a water bottling business. But believe it or not, for …

Distribution channels: Banking, Finance & Investment Industry

Published on June 3, 2024 - 08:40 GMT

EBRD, Isbank join forces for green, digital boost in Türkiye

Financing to Isbank to support green and digital investments in the private sector Bank to invest in bonds under Isbank’s Diversified Payment Rights programme Project to help SMEs increase competitiveness The European Bank for Reconstruction and …

Distribution channels: Banking, Finance & Investment Industry

Published on May 30, 2024 - 18:23 GMT

EBRD and donors help households in Western Balkans to invest in energy efficiency

Western Balkans households invest over €100 million in energy-saving measures CO2 emissions reduced by more than 25,000 tonnes a year Western Balkans GEFF programme continues, with an increased financing capacity of €415 million In less than seven years, …

Distribution channels: Banking, Finance & Investment Industry

Published on May 29, 2024 - 19:57 GMT

EBRD and partner banks support growth of local businesses

EBRD shares risk on six loans worth US$ 24.3 million provided by partner banks Latest transactions under the EBRD’s Risk Sharing Framework Support for local businesses in Armenia, Mongolia and Uzbekistan The European Bank for Reconstruction and Development …

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Published on May 28, 2024 - 14:58 GMT

EBRD and SECO boost skills in Jordan’s energy sector

EBRD and Al Hussein Technical University develop apprenticeship scheme with Jordan’s National Electric Power Company Scheme to enhance skills of women and youth in Jordan SECO-funded programme to improve career opportunities in the energy sector The …

Distribution channels: Banking, Finance & Investment Industry

Published on May 28, 2024 - 09:16 GMT

Supporting renewable energy in Romania and Moldova

CITEȘTE ÎN ROMÂNĂ EBRD becomes a minority shareholder in Premier Energy PLC in initial public offering Bank buys 11 per cent of offering, bringing 3.2 per cent ownership of the company IPO proceeds to invest in renewable energy generation in Romania and …

Distribution channels: Banking, Finance & Investment Industry