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Who we are
Overview: about the EBRDWho we are
Overview: about the EBRD
Our story
Learn about the EBRD's journey to investing more than €220 billion in over 7,800 projects.
- Our background and history
- Our organisation
- Our values
- Strategies, governance and compliance
- Project accountability
What we do
Overview: how the EBRD operatesWhat we do
Overview: how the EBRD operates
How we deliver systemic impact
Across three continents, the EBRD supports the transition to successful market economies.
- Where we work
- Products and services
- Sectors we work in
- Our projects
- Focus areas and initiatives
- Economic research
Work with us
Overview: how you can work with the EBRDWork with us
Overview: how you can work with the EBRD
What we offer for businesses
We draw on three decades of regional knowledge and financial expertise to tailor our products and approaches to each client's needs.
- Businesses
- Investors
- Donors
- Researchers
- Civil Society
- Alumni
- Nominee Directors
- Trade finance
- Careers
Light
Eng
Eng
Delegated Authority
March, 2019
This study was requested by the Board Effectiveness and Efficiency Group, following the implementation by the Bank of a pilot, which increased the EBRD’s delegated authority threshold from €10 million to €25 million. On the completion of this pilot, the increased threshold became the Bank’s permanent policy. At the same time, the Evaluation Department (EvD) was asked to analyse the changes in the Bank’s approvals structure, quality of information provided to the Board on sub-projects approved by delegation, as well as quality of reporting on framework and sub-project performance.