This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is investing €9 million in a €30 million sustainability-linked bond issued by Autonom, a Romanian car leasing and rental company. This strengthens Autonom’s commitment to continue the sustainability pathway set in 2021 when the company issued its landmark first sustainability-linked […]EBRD backs sustainability-linked bond issued by Romania’s mobility firm Autonom
November 25, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is investing €9 million in a €30 million sustainability-linked bond issued by Autonom, a Romanian car leasing and rental company. This strengthens Autonom’s commitment to continue the sustainability pathway set in 2021 when the company issued its landmark first sustainability-linked […]COP29: Circular economy investments deliver social, economic and environmental benefits
November 21, 2024 by Leave a Comment
This article is brought to you in association with EBRD. At the United Nations Climate Change Conference (COP29) in Baku, Azerbaijan, Multilateral Development Banks (MDBs) presented their first joint report on the circular economy: “The circular economy in motion”. The report presents 20 detailed case studies from around the world and a variety of areas ranging […]EBRD, EU and Bank Respublika to support Azerbaijani MSMEs
November 19, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is extending a loan of up to US$ 7.5 million (€7 million) in local currency to Bank Respublika, one of Azerbaijan’s leading commercial banks. That partner bank will lend the proceeds on to micro, small and medium-sized enterprises (MSMEs). The […]EBRD, European Union and United States help Kyiv prepare for winter
November 19, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is extending an unfunded portfolio risk-sharing facility for up to €25 million to Commercial International Bank (CIB) to promote on-lending to small and medium-sized enterprises (SMEs) in Egypt. The EBRD facility will help cover up to 50 per cent of […]EBRD partners with ProCredit Bank to boost MSME lending in Albania
November 18, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is increasing access to finance for micro, small and medium-sized businesses (MSMEs) in Albania through a partnership with ProCredit Bank Albania. The Bank is lending up to €6 million under the SME Reboot Programme, helping local firms to […]EBRD leads US$ 12 million fundraising round for robotic solutions company Brightpick
November 18, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is supporting the growth of Brightpick, a leading provider of robotic vision and intelligence solutions, leading a US$ 12 million equity and venture debt fundraising round. Existing investors Pavel Baudiš and Eduard Kučera (founders of Avast), Miroslav Trnka (founder of […]EBRD and EU help MSMEs go green in Kosovo
November 18, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is scaling up green economy investments in Kosovo in cooperation with the European Union (EU) and Raiffeisen Bank Kosovo (RBKO). The EBRD will provide financing of up to €5 million to RBKO for on-lending to micro, small and […]EBRD invests €15 million in Cogito Fund II
November 14, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is supporting the development of the venture capital market in central and eastern Europe (CEE) by investing €15 million in Cogito Fund II, managed by Cogito Capital Partners (Cogito), a leading venture capital firm in the region. Cogito is […]EBRD lends €100 million to TAG’s Vantage Development to boost green residential housing in Poland
November 11, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is supporting the development of high-quality, energy-efficient residential housing in Poland through a €100 million loan to the Polish subsidiaries of Vantage Development, a leading residential-for-rent developer and operator, ultimately owned by Germany’s TAG Immobilien. The EBRD’s loan will […]EBRD guarantee to QNB Egypt to unlock €70 million for small firms in Egypt
November 11, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is extending, for the first time in Egypt and the southern and eastern Mediterranean region, an unfunded portfolio risk-sharing facility for up to €35 million to QNB to support on-lending to Egyptian enterprises. The EBRD’s facility will cover up to 50 […]EBRD to allocate additional €3 billion for its Green Cities programme
November 8, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European bank for Reconstruction and Development (EBRD) has committed an additional €3 billion to its flagship Green Cities programme, reinforcing the Bank’s commitment to sustainable urban development across a growing network of cities. Over the next five years, EBRD Green Cities will be supported by […]EBRD and EU launch SME Go Green programme in Serbia
November 7, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are stepping up their support for green economy investments in Serbia. The EBRD, with the support of the EU, is launching a new credit line to local financial institutions for on-lending to small […]EBRD and Quds Bank support small Palestinian businesses
November 6, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is supporting Palestinian micro, small and medium-sized enterprises (MSMEs) by providing a US$ 8 million loan to Quds Bank, one of the largest local banks in the West Bank and Gaza and an EBRD partner since 2019. The […]EBRD invests in Estonian e-commerce search innovator Miros
November 5, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD), through its venture capital arm EBRD Venture Capital, is supporting the growth of Miros as part of a €6 million pre-series A extension round. The round was led by EBRD Venture Capital and Tera Ventures alongside existing investors […]First EBRD portfolio risk sharing facility to support Moldovan bank
November 5, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is extending an unfunded portfolio risk-sharing facility to Moldova’s OTP Bank to unlock €30 million of new finance for Moldova’s business sector, with a focus on agriculture and trade. This is the first such facility signed in Moldova, building on EBRD […]EBRD and EU invest in energy efficiency in Montenegrin schools
November 4, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is providing a loan of up to €20 million to the government of Montenegro to improve the energy efficiency of 24 educational buildings in the country. The funds will be channelled through the Ministry of Education, Science and […]EBRD and EU support Voltalia’s first project in Uzbekistan
November 4, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is helping Uzbekistan to further decrease its reliance on carbon-intensive thermal-power generation and will facilitate the country’s transition to a low-carbon economy by providing funds to construct a solar plant in the Khorezm region of the country. The […]EBRD supports first healthcare-sector PPP in Central Asia
November 1, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is promoting advanced standards of medical care and helping to introduce a public-private partnership (PPP) model to Kazakhstan’s healthcare-sector by arranging a financing package of €365 million provided by six financial institutions for the construction and operation of […]New report highlights opportunities for digital assets to empower businesses in displaced communities
November 1, 2024 by Leave a Comment
This article is brought to you in association with EBRD. Digital Assets, including bitcoin and stablecoins, can foster financial inclusion for businesses in displaced communities, according to a new report by Block, Inc. and the European Bank for Reconstruction and Development (EBRD). The report, published today, addresses the critical issue of financial exclusion among displaced populations […]EBRD and EU support green and sustainable transition in Bosnia and Herzegovina
November 1, 2024 by Leave a Comment
This article is brought to you in association with EBRD. By Jelena Pajic The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have launched a new regional programme, SME Go Green, to support small and medium-sized enterprises (SMEs) in the Western Balkans. In its initial phase, the programme will provide €120 million of […]EBRD invests in landmark sustainability bond in Türkiye
October 28, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) has invested US$ 55 million in the Eurobond issuance of Rönesans Holding, one of Türkiye’s largest conglomerates. The Eurobond has been issued as a sustainability bond, aligned with Rönesans’ Sustainable Finance Framework, and is the first sustainability bond […]EBRD supports Ukrainian city of Kharkiv with €25 million loan
October 28, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is lending €25 million to the city of Kharkiv in north-eastern Ukraine. The loan will help ensure the provision of vital municipal services in the city and mitigate the effects of the ongoing war. The Bank’s senior loan will be […]Empowering digital transformation in small businesses
October 28, 2024 by Leave a Comment
This article is brought to you in association with EBRD. Discover how iFORM, a forward-thinking manufacturing company in Bosnia and Herzegovina, is embracing digital transformation with the support of the European Union.By investing in cutting-edge technologies like a wire-cutting machine and a 3D laser, iFORM is enhancing precision, efficiency, and competitiveness in the manufacturing sector. Watch […]EBRD, EU partner with ACBA LEASING to support Armenian firms
October 21, 2024 by Leave a Comment
This article is brought to you in association with EBRD. Micro, small and medium-sized enterprises (MSMEs) in Armenia are to benefit from new funding from the European Bank for Reconstruction and Development (EBRD) and the European Union (EU), made available through ACBA LEASING. The EBRD loan of US$ 5 million (€4.6 million) is complemented by the EU with grant […]Green investments and sustainable growth for Montenegrin firms
October 21, 2024 by Leave a Comment
This article is brought to you in association with EBRD. Whether it is an advertising company or a kitchen equipment supplier, firms in Montenegro, such as Merkator International and IceCom, are working to create a more sustainable future. Their sectors may differ, but both have decided to invest in greener technology to improve their operations, with […]Boosting competitiveness of pomegranates in Jordan
October 1, 2024 by Leave a Comment
This article is brought to you in association with EBRD. At the Kufrsoum Cooperative of Pomegranate Producers, over 500 farmers are preserving a legacy passed down through generations. With 200 acres of orchards and 50,000+ pomegranate trees, they produce high-quality pomegranate products while offering visitors a chance to experience farming firsthand. From picking pomegranates to savoring […]Climate finance by multilateral development banks hits record in 2023
September 27, 2024 by Leave a Comment
This article is brought to you in association with EBRD. MDBs offered record US$ 125 billion last year for climate action worldwide Mobilised global private finance nearly doubled to US$ 101 billion compared to 2022 Sum for low- and middle-income economies was US$ 74.7 billion, including US$ 24.7 billion for climate change adaptation Multilateral development banks […]Growth in EBRD regions trimmed as economies adjust to new realities
September 27, 2024 by 1 Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) has revised slightly downwards its expectations of growth across the regions where it invests. Its latest Regional Economic Prospects report gives a growth figure for 2024 of 2.8 per cent, 0.2 percentage points down on its previous forecast […]With EBRD support, Romania launches renewable energy auctions
September 13, 2024 by Leave a Comment
This article is brought to you in association with EBRD. Supported by the EBRD, Romania has this week launched a Contract for Difference (CfD) mechanism for the construction of renewable energy installations and opened the first auction for 1.5 GW of renewable energy generation capacities – 500 MW of solar PV and 1 GW of onshore […]EBRD helps Ukraine’s banks to unlock €690 million of new lending
September 12, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is providing new guarantees to Ukraine’s banking sector and unlocking €690 million of new financing to critical industries in wartime Ukraine. The Bank is extending unfunded portfolio risk-sharing facilities to PrivatBank, Ukrgasbank, KredoBank and Bank Lviv, under which the […]EBRD and EU help Ukrainian lighting company boost efficiency amid war
September 11, 2024 by Leave a Comment
This article is brought to you in association with EBRD. Pikart Lights began its journey in the vibrant Ukrainian city of Lviv back in 2006, driven by a passion for exquisite lighting design. Founded by Ihor Chuba and Orest Kanych, the company initially focused on producing custom-made chandeliers and lamps, blending traditional craftsmanship with modern aesthetics. […]EBRD deepens cooperation with AccessBank in Azerbaijan
September 10, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) has relaunched its Risk-Sharing Facility (RSF) in Azerbaijan by partnering with AccessBank to share risk in loans provided to local small and medium-sized enterprises (SMEs). Under the RSF agreement, the EBRD and AccessBank will each provide up to […]EBRD financing to expand renewables capacity in Türkiye
September 10, 2024 by Leave a Comment
This article is brought to you in association with EBRD. The European Bank for Reconstruction and Development (EBRD) is providing a loan of US$ 60 million (€55 million) to Türkiye’s Borusan EnBW Enerji to finance the development and construction of 116 MW of onshore wind-energy capacity in Sivas and Tekirdağ. Addressing climate change remains a significant goal […]
