Shareholders and Board of Governors

The EBRD is owned by 65 countries from five continents, as well as the European Union and the European Investment Bank. These shareholders have each made a capital contribution, which forms our core funding.

Each shareholder is represented individually on the Board of Governors of the EBRD which has overall authority over the Bank. The Board of Governors has delegated the exercise of most of its powers to the Board of Directors. However, it remains solely responsible for determining membership to the Bank, changes in capital stock, appointment of Directors and the President of the Bank and decisions around financial statements and determining reserves and allocation of profits.

EBRD Shareholders

Member country

Date joined

Capital subscription
(€ 000)

Governor

Alternate

Albania

18 Dec 1991

30,010

Mr Arben Ahmetaj

Mr Erion Luci

Armenia

7 Dec 1992

14,990

Mr Vache Gabrielyan

Mr Vakhtang Mirumyan

Australia

30 Mar 1991

300,140

The Hon Scott Morison MP

The Hon Kelly O'Dwyer MP

Austria

28 Mar 1991

684,320

Dr Johann Georg Schelling

Dr Edith Frauwallner

Azerbaijan

25 Sep 1992

30,010

Mr Shahin Mustafayev

Mr Samir Sharifov

Belarus

10 Jun 1992

60,020

Mr Vladimir I Semashko

Mr Vladimir Zinovskiy

Belgium

10 Apr 1991

684,320

Mr Johan Van Overtveldt

Mr Marc Monbaliu

Bosnia and Herzegovina 

17 Jun 1996

50,710

Mr Mirko Šarović

Mr Adil Osmanović

Bulgaria

28 Mar 1991

237,110

Mr Vladislav Goranov

Mr Dimitar Kostov

Canada

28 Mar 1991

1,020,490

The Hon Bill Morneau

Mr Daniel Jean

China

15 Jan 2016

29,000

Mr Xiaochuan Zhou

Mr Gang Yi

Croatia

15 Apr 1993

109,420

Mr Zdravko Marić

Vacant

Cyprus

28 Mar 1991

30,010

Mr Harris Georgiades

Mr Christos Patsalides

Czech Republic

1 Jan 1993

256,110

Mr Andrej Babiš

Mr Miroslav Singer

Denmark

28 Mar 1991

360,170

Mr Troels Lund Poulsen

Mr Michael Dithmer

 

Egypt

28 Mar 1991

21,010

Dr Sahar Nasr

Vacant

Estonia

28 Feb 1992

30,010

Mr Sven Sester

Mr Veiko Tali

European Investment Bank

28 Mar 1991

900,440

Mr Pim van Ballekom

Mr László Baranyay

European Union

28 Mar 1991

900,440

Mr Jyrki Katainen

Mr Marco Buti

Finland

28 Mar 1991

375,180

Mr Petteri Orpo

Mr Matti Anttonen

FYR Macedonia

21 Apr 1993

17,620

Mr Zoran Stavreski

Mr Vladimir Pesevski

France

28 Mar 1990

2,556,510

Mr Michel Sapin

Mrs Odile Renaud-Basso

Georgia

4 Sep 1992

30,010

Mr Nodar Khaduri

Mr Koba Gvenetadze

Germany

28 Mar 1991

2,556,510

Dr Wolfgang Schäuble

Mr Thomas Steffen

Greece

29 Mar 1991

195,080

Mr George Stathakis

Mr Ilias Xanthakos

Hungary

28 Mar 1991

237,110

Mr Mihály Varga

Mr László Balogh

Iceland

29 May 1991

30,010

Mr Bjarni Benediktsson

Mr Guðmundur Árnason

Ireland

28 Mar 1991

90,040

Mr Michael Noonan TD

Mr Derek Moran

Israel

28 Mar 1991

195,080

Dr Karnit Flug

Mr Yoel Naveh

Italy

28 Mar 1991

2,556,510

Mr Pier Carlo Padoan

Mr Filippo Giansante

Japan

2 Apr 1991

2,556,510

Mr Taro Aso

Mr Haruhiko Kuroda

Jordan

29 Dec 2011

9,860

Mr Imad Najib Fakhoury
Mr Saleh Al-Kharabsheh

Kazakhstan

27 Jul 1992

69,020

Mr Bakhyt Sultanov

Mr Marat Kusainov

Korea, Republic of

28 Mar 1991

300,140

Mr Ilho Yoo

Mr Juyeol Lee

Kosovo

17 Dec 2012

5,800

Mr Avdullah Hoti

Vacant 

Kyrgyz Republic

5 Jun 1992

21,010

Mr Arzybek Kozhoshev 

Mr Adylbek Aleshovich Kasymaliev

Latvia

18 Mar 1992

30,010

Ms Dana Reizniece-Ozola

Mr Arvils Ašeradens

Liechtenstein

28 Mar 1991

5,990

Dr Thomas Zwiefelhofer

Mr Roland Marxer

Lithuania

5 Mar 1992

30,010

Ms Rasa Budbergytė

Mr Algimantas Rimkūnas

Luxembourg

28 Mar 1991

60,020

Mr Pierre Gramegna

Mr Arsène Jacoby 

Malta

28 Mar 1991

2,100

Prof Edward Scicluna

Mr Josef Bonnici

Mexico

28 Mar 1991

45,010

Mr Luis Videgaray Caso

Mr Fernando Aportela Rodriguez

Moldova

5 May 1992

30,010

Mr Octavian Calmîc

Mr Marin Moloşag

Mongolia

9 Oct 2000

2,990

Mr Bolor Bayarbaatar

Mr Zoljargal Naidansuren

Montenegro

3 June 2006

4,200

Mr Radoje Žugić

Mr Nikola Vukićević

Morocco

28 Mar 1991

14,780

Mr Mohammed Boussaid

Mr Driss El Azami El Idrissi

Netherlands

28 Mar 1991

744,350

Mr Jeroen Dijsselbloem

Ms Lilianne Ploumen

New Zealand

19 Aug 1991

10,500

The Hon Murray McCully

Mr Robert Taylor

Norway

28 Mar 1991

375,180

Ms Siv Jensen

Ms Dilek Ayhan

Poland

28 Mar 1991

384,180

Mr Adam Glapiński

Mr Piotr Nowak

Portugal

5 Apr 1991

126,050

Mr Mário Centeno

Mr Álvaro Matias

Romania

28 Mar 1991

144,070

Ms Anca Dana Dragu

Mr Mugur Isarescu

Russian Federation

9 Apr 1992

1,200,580

Mr Alexey V Ulyukayev

Mr Sergey Storchak

Serbia

19 Jan 2001

140,310

Mr Dušan Vujović

Mr Željko Sertić

Slovak Republic

1 Jan 1993

128,070

Mr Peter Kažimír

Mr Jozef Makúch

Slovenia

23 Dec 1992

62,950

Mr Dušan Mramor

Mrs Irena Sodin

Spain

28 Mar 1991

1,020,490

Mr Luis de Guindos Jurado

Mr Iñigo Fernandez de Mesa Vargas

Sweden

28 Mar 1991

684,320

Ms Magdalena Andersson

Ms Karolina Ekholm

Switzerland

29 Mar 1991

684,320

Federal Councillor Johann N Schneider-Ammann

Ambassador Raymund Furrer

Tajikistan

16 Oct 1992

21,010

Mr Jamoliddin Nuraliev

Mr Jamshed Karimzoda

Tunisia

29 Dec 2011

9,860

Mr Yassine Brahim

Mr Fethi Ben Mimoun

Turkey

28 Mar 1991

345,150

Mr Cavit Dağdaş

Mr Ahmet Genç

Turkmenistan

1 Jun 1992

2,100

Mr Muratniyaz Berdiyev

Mr Merdan Annadurdiyev

Ukraine

13 Apr 1992

240,110

Mr Oleksandr Danylyuk

Ms Valeria Gontareva

United Kingdom

28 Mar 1991

2,556,510

The Rt Hon Mr George Osborne MP

The Rt Hon Ms Justine Greening MP

United States of America

28 Mar 1991

3,001,480

Mr Jacob J Lew

Vacant

Uzbekistan

30 Apr 1992

44,120

Mr Rustam Sadykovich Azimov

Mr Shavkat Tulyaganov