EBRD secures capital increase with strong shareholder backing

• Eligible EBRD members subscribed to almost 95 per cent of available shares
• Subscriptions include all shareholders from the G7, the EU, as well as the EIB
• Shareholder commitments signal unwavering confidence in the Bank’s work

The European Bank for Reconstruction and Development (EBRD) has secured almost 95 per cent of its €4 billion general capital increase. The capital increase was approved by the EBRD’s Board of Governors in 2023 and increased the Bank’s capital base to €34 billion.

All the Bank’s shareholders from the G7, the European Union (EU) and the European Investment Bank (EIB), along with the overwhelming majority of other shareholders, have participated.

This third general capital increase in the Bank’s history will further enable the EBRD to provide significant and sustained investment in Ukraine’s real economy, both in wartime and reconstruction. Importantly, the Bank will also continue to support its priorities in all economies where it operates.

EBRD President Odile Renaud-Basso said: “I would like to thank our shareholders for their strong support. They have demonstrated remarkable unity and confidence in the Bank’s mission. Their backing through this capital increase is a clear endorsement of the EBRD’s role and the impact of our work across all our countries of operations.

“The added capital strengthens our hand where it matters – for Ukraine, now and into reconstruction, and in every part of our regions of operations.”

The Bank’s third general capital increase follows similar decisions in 1996 and 2010.

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