Expert on central and eastern Europe and the CIS
The EBRD is the largest single investor in central and eastern Europe and the
CIS. The Bank has a strong presence in all of its countries of operations
through a network of over 30 local offices. These are fully involved in
generating new projects and monitoring existing operations.
The majority of EBRD staff comes from the private sector and combine sector
expertise with in-depth knowledge of the social, economic and political
conditions in each country. The EBRD takes a flexible approach and
accommodates the needs of private investors. It takes long-term positions and
is able to cope with political risks in each country and sector.
The Bank has a proven track record of financing with major international
companies.
Innovative financing solutions
The Bank tailors solutions for each project it finances, assigning a dedicated
team of specialists with project finance, sectoral, legal and environmental
skills. Examples of project case studies.
Adding value
By using innovative approaches, the Bank draws investments into companies and
countries that would not otherwise attract financing. The Bank stimulates
foreign direct investments, acting as a catalyst for accessing additional
equity, debt and trade finance. For every euro invested, an additional 2.5
euro are invested by other co-investors.
The Bank has access to technical cooperation
funds to assist project preparation. Grants from donors are used to finance
consultants who support preparation and implementation of a project.
One of the EBRD's main advantages is the ability to bear risk, thereby
extending the boundaries of commercial possibility. And with its AAA/Aaa
credit rating, the EBRD can raise funds at favourable rates in international
capital markets.
Long term but fast acting
When the Bank has all necessary information, a deal typically takes 3 - 4
months from initiation to signing the loan documents. The total project cycle,
from initiation to completion, can range from one year for working capital or
trade financing projects to 15 years for long-term sovereign infrastructure
projects.