At the Annual Meeting, the EBRD has reflected on another year of record investment and a sharp 25 per cent increase in net profits in 2016 to €1 billion, a trend that has continued into the first quarter of this year.
Under the EBRD’s business model of investing primarily in the private sector, it is largely self-financing and ploughs profits into future projects. It is particularly effective in leveraging other sources of private financing in support of economic development.
The Bank invested a record €9.4 billion in 2016, the same as in 2015, in 378 projects that made a strong contribution to the economic transformation of its countries of operations.
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