The European Bank for Reconstruction and Development (EBRD), the institution created to help central and eastern European countries transition into market-driven economies, is celebrating its 25-year anniversary. Over the years, the bank has made a strong impact across the region, despite at times having faced questions over its future. Yet, by adapting to ever-changing external realities, the EBRD has proved to be an important player in supporting transition, public sector development and private sector investment.
Over its quarter-century, the EBRD has invested over €100bn in more than 4500 projects across its recipient countries. Starting with just eight countries of operation in central and eastern Europe in 1991, the EBRD has broadened its mandate over the years in line with integration to have active investments in 36 countries.
