Financial Report

The EBRD recorded a net profit of €2.1 billion in 2023, offsetting all of the €1.1 billion losses incurred in 2022 following the Russian invasion of Ukraine. The Financial Report 2023 includes the approved and audited financial statements (required to be submitted under Article 27 of the Agreement Establishing the Bank and Section 13 of its By-Laws), as well as additional reporting and disclosures on the EBRD’s risk management, corporate governance and structure.

In the face of a challenging global economic environment, the EBRD’s prudently managed balance sheet demonstrated resilience and the Bank’s financial position remains strong. The Financial Report 2022 includes the approved and audited financial statements (required to be submitted under Article 27 of the Agreement Establishing the Bank and Section 13 of its By-Laws), as well as additional reporting and disclosures on the EBRD’s risk management, corporate governance and structure.

The Financial Report 2021 demonstrates why the EBRD continues to be rated AAA or equivalent, by all three major rating agencies. The Bank maintains a robust capital position, high levels of liquidity and enjoys the strong support of its members. The Financial Report includes the approved and audited financial statements (required to be submitted under Article 27 of the Agreement Establishing the Bank and Section 13 of its By-Laws), as well as additional reporting and disclosures on the EBRD’s risk management, corporate governance and structure.