Libya became the EBRD’s 71st shareholder when it joined the Bank in July 2019.
It joined the EBRD with a view to becoming a country where the EBRD engages with both investments and support for policy reform.
Any decision as to whether the Bank grants recipient country status to Libya will be taken following a thorough assessment of its political, economic and operational environment.
Libya lies within the geographical remit of the Southern and Eastern Mediterranean (SEMED) region where the EBRD has been investing since 2012.
At the time Libya joined the Bank as a shareholder, the EBRD already invested in Egypt, Jordan, Lebanon, Morocco, Tunisia and the West Bank and Gaza.