European Bank for Reconstruction and Development

Financial institution which supports more than 30 countries

The European Bank for Reconstruction and Development, shortened to EBRD (French: Banque européenne pour la reconstruction et le développement or BERD), is an international financial institution founded in 1991 in Paris. As a multilateral developmental investment bank, the EBRD uses investment as a tool to build market economies. Initially focused on the countries of the former Eastern Bloc, it expanded to support development in more than 30 countries from Central Europe to Central Asia.

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