EBRD records strong financial year in 2025

• EBRD maintains strong financial performance in 2025, with net profit of €1.3 billion
• The Bank secured almost 95 per cent of its €4 billion general capital increase
• Bank continues to be rated triple-A with a stable outlook by S&P, Moody’s and Fitch

The European Bank for Reconstruction and Development (EBRD) recorded a strong financial year in 2025, with a net profit of €1.3 billion, following a net profit of €1.7 billion in 2024.

In a year characterised by sustained investment in Ukraine and the launch of operations in sub Saharan Africa and Iraq, the Bank further strengthened its financial position while delivering on strategic priorities across the economies where it invests.

Banking assets totalled €47 billion at end-2025, a 6 per cent increase compared with the previous year.

Banking revenue remained resilient, standing at €2.7 billion and accounting for 70 per cent of total revenue. The banking portfolio generated a net profit of €0.6 billion, which was partly offset by impairment losses, with an expected credit loss charge of €0.14 billion, compared with an expected credit loss release of €0.11 billion in 2024.

Non-performing loans accounted for 8.4 per cent of loan operating assets at end-2025, largely reflecting continued geopolitical tensions. Excluding Ukraine related exposures, the non-performing loan ratio remained broadly stable at 3.1 per cent, the same as in 2024.

Treasury assets totalled €39.5 billion at end-2025, an 11 per cent increase relative to 2024. Treasury activities also performed strongly, contributing €0.2 billion to net profit, broadly in line with 2024.

Shareholders demonstrated ongoing confidence in the Bank in 2025, with a subscription rate of nearly 95 per cent for the EBRD’s €4 billion general capital increase, which had been approved by the Bank’s Board of Governors in 2023.

The Bank’s strong financial performance will enable it to continue reinvesting in projects and clients across its markets, advancing its strategic priorities while supporting sustained growth and resilience.

The Bank continues to be rated triple-A with a stable outlook by S&P Global Ratings, Moody’s and Fitch Ratings.

The EBRD is owned by 77 countries, as well as the EU and the EIB. Since its establishment in 1991, the Bank has invested more than €220 billion in economies on three continents.