Headquartered in London, the EBRD is now owned by 61 countries and two international institutions. Despite its public sector shareholders, it invests mainly in private enterprises, usually together with commercial partners.
EBRD provides project financing for banks, industries and businesses, both new ventures and investments in existing companies. It also works with publicly owned companies to support privatization, restructuring state-owned firms and improvement of municipal services.
[[Image:EBRD members.png|right|thumb|300px|European Bank for Reconstruction and Development member states ]] The EBRD’s mandate stipulates that it must only work in countries that are committed to democratic principles. The EBRD is directed by its founding agreement to promote, in the full range of its activities, environmentally sound and sustainable development.
The following countries are members and recipients of investments: Albania, Armenia, Azerbaijan, Belarus, Bosnia and Herzegovina, Bulgaria, Croatia, Estonia, Georgia, Hungary, Kazakhstan, Kyrgyzstan, Latvia, Lithuania, Macedonia, Moldova, Mongolia, Montenegro, Poland, Romania, Russia, Serbia, Slovakia, Slovenia, Tajikistan, Turkey, Turkmenistan, Ukraine and Uzbekistan.
The following countries are financing members only: Australia, Austria, Belgium, Canada, Cyprus, Czech Republic (receiving member until 2007-12-31), Denmark, Egypt, Finland, France, Germany, Greece, Iceland, Ireland, Israel, Italy, Japan, Luxembourg, Malta, Mexico, Morocco, Netherlands, New Zealand, Norway, Portugal, South Korea, Spain, Sweden, Switzerland, the United Kingdom and the United States of America.
Two European Union institutions are also financing members: the European Community and the European Investment Bank.
In 2006 the organization stated that it would cease spending in the Baltic and central European nations by 2010, and funding would be shifted to Russia, Ukraine, Armenia, Kazakhstan and Uzbekistan. Due to the financial crisis this graduation process was postponed till 2015. Among the former communist countries only the Czech Republic has graduated within EBRD so far (this happened in 2007) and gained the status of the only ex-communist country that is a shareholder within EBRD and not a borrower any more.
The EBRD provides loan and equity finance, guarantees, leasing facilities and trade finance. The Bank also finances professional development through support programmes.
Smaller projects may be financed through financial intermediaries or through special programmes for smaller direct investments in the less advanced countries.
To be eligible for EBRD funding, the project must:
There must be additional funding from the sponsors, other co-financiers or generated through the EBRD’s syndications programme.
Category:International organizations of Europe Category:International banking institutions Category:Economy of the European Union Category:Multilateral development banks
az:Avropa Yenidənqurma və İnkişaf Bankı bg:Европейска банка за възстановяване и развитие cs:Evropská banka pro obnovu a rozvoj da:European Bank for Reconstruction and Development de:Europäische Bank für Wiederaufbau und Entwicklung es:Banco Europeo para la Reconstrucción y el Desarrollo eo:Eŭropa Banko por Rekonstruo kaj Evoluigo fr:Banque européenne pour la reconstruction et le développement hy:Վերակառուցման և զարգացման եվրոպական բանկ it:Banca Europea per la Ricostruzione e lo Sviluppo lb:Banque européenne pour la reconstruction et le développement lt:Europos rekonstrukcijos ir plėtros bankas nl:Europese Bank voor Wederopbouw en Ontwikkeling ja:欧州復興開発銀行 no:Den europeiske bank for gjenoppbygning og utvikling uz:Yevropa Tiklanish va Taraqqiyot Banki pl:Europejski Bank Odbudowy i Rozwoju pt:Banco Europeu para a Reconstrução e o Desenvolvimento ro:Banca Europeană pentru Reconstrucție și Dezvoltare ru:Европейский банк реконструкции и развития sk:Európska banka pre obnovu a rozvoj sr:Европска банка за обнову и развој fi:Euroopan jälleenrakennus- ja kehityspankki sv:European Bank for Reconstruction and Development uk:Європейський банк реконструкції та розвитку vi:Ngân hàng Tái thiết và Phát triển châu Âu zh:欧洲重建和发展银行This text is licensed under the Creative Commons CC-BY-SA License. This text was originally published on Wikipedia and was developed by the Wikipedia community.
The World News (WN) Network, has created this privacy statement in order to demonstrate our firm commitment to user privacy. The following discloses our information gathering and dissemination practices for wn.com, as well as e-mail newsletters.
We do not collect personally identifiable information about you, except when you provide it to us. For example, if you submit an inquiry to us or sign up for our newsletter, you may be asked to provide certain information such as your contact details (name, e-mail address, mailing address, etc.).
When you submit your personally identifiable information through wn.com, you are giving your consent to the collection, use and disclosure of your personal information as set forth in this Privacy Policy. If you would prefer that we not collect any personally identifiable information from you, please do not provide us with any such information. We will not sell or rent your personally identifiable information to third parties without your consent, except as otherwise disclosed in this Privacy Policy.
Except as otherwise disclosed in this Privacy Policy, we will use the information you provide us only for the purpose of responding to your inquiry or in connection with the service for which you provided such information. We may forward your contact information and inquiry to our affiliates and other divisions of our company that we feel can best address your inquiry or provide you with the requested service. We may also use the information you provide in aggregate form for internal business purposes, such as generating statistics and developing marketing plans. We may share or transfer such non-personally identifiable information with or to our affiliates, licensees, agents and partners.
We may retain other companies and individuals to perform functions on our behalf. Such third parties may be provided with access to personally identifiable information needed to perform their functions, but may not use such information for any other purpose.
In addition, we may disclose any information, including personally identifiable information, we deem necessary, in our sole discretion, to comply with any applicable law, regulation, legal proceeding or governmental request.
We do not want you to receive unwanted e-mail from us. We try to make it easy to opt-out of any service you have asked to receive. If you sign-up to our e-mail newsletters we do not sell, exchange or give your e-mail address to a third party.
E-mail addresses are collected via the wn.com web site. Users have to physically opt-in to receive the wn.com newsletter and a verification e-mail is sent. wn.com is clearly and conspicuously named at the point of
collection.If you no longer wish to receive our newsletter and promotional communications, you may opt-out of receiving them by following the instructions included in each newsletter or communication or by e-mailing us at michaelw(at)wn.com
The security of your personal information is important to us. We follow generally accepted industry standards to protect the personal information submitted to us, both during registration and once we receive it. No method of transmission over the Internet, or method of electronic storage, is 100 percent secure, however. Therefore, though we strive to use commercially acceptable means to protect your personal information, we cannot guarantee its absolute security.
If we decide to change our e-mail practices, we will post those changes to this privacy statement, the homepage, and other places we think appropriate so that you are aware of what information we collect, how we use it, and under what circumstances, if any, we disclose it.
If we make material changes to our e-mail practices, we will notify you here, by e-mail, and by means of a notice on our home page.
The advertising banners and other forms of advertising appearing on this Web site are sometimes delivered to you, on our behalf, by a third party. In the course of serving advertisements to this site, the third party may place or recognize a unique cookie on your browser. For more information on cookies, you can visit www.cookiecentral.com.
As we continue to develop our business, we might sell certain aspects of our entities or assets. In such transactions, user information, including personally identifiable information, generally is one of the transferred business assets, and by submitting your personal information on Wn.com you agree that your data may be transferred to such parties in these circumstances.