Annual Meeting Proceedings

The EBRD Annual Meeting and Business Forum 2025 took place between 13 and 15 May in London, United Kingdom. Under the theme Expanding Horizons, Enduring Strengths, it brought together Ministers, government officials, financial and corporate executives, entrepreneurs, civil society and media from all over the world.

The Bank’s Governors approved the EBRD Strategic and Capital Framework for the next five years (2026-2030). The Framework raises the Bank’s ambitions to deliver for its countries, clients and partners through its investments, chiefly in the private sector, and policy reform initiatives. Its central strategic objective is the continuation of the Bank’s exceptional support for Ukraine during wartime and reconstruction.

The Board of Governors also granted recipient country status to Benin, Côte d’Ivoire and Nigeria. The required amendment to the Bank’s founding treaty, enabling the Bank to launch its investments in its new region of Sub-Saharan Africa and in Iraq, is effective from 22 July 2025.

The Proceedings constitute the official record of the Thirty-fourth Annual Meeting of the Board of Governors.