The European bank for reconstruction and development (short EBWE or EBRD, of English European bank for Reconstruction and development) is 1991 a created bank. Their task, posed after the collapse of the Eastern Bloc starting from 1989, is it, to support the countries in central and Eastern Europe as well as in the community of independent states during their transformation process to free-market economy and private and business acting financially.

Function

The EBWE promotes structural and sector-specific reforms as well as competition, privatisation and employers. It supports the production of Kofinanzierungen and direct foreign investments as well as the mobilization of domestic capital by its financing. Investments take place predominantly in private business, usually together with business partners. The bank carries beyond that technical co-operation out within relevant ranges and cooperates with international financial establishment ions and international and national organizations.

Are eligible for promotion in particular banks, industrial companies and enterprises, both reestablishments and investments into existing companies. Co-operation with the public hand aim at privatisations, the restructuring of national companies and the improvement of local services off. According to their mandate the EBWE may become active only, where democratic principles are kept. Also ecological aspects play a crucial role.

Most important financing instruments are loans, financial participation, warranties as well as financings over switching centers, in which the bank takes part.

Structure

Shareholders of the EBWE are 60 countries and two intergovernmental institutions (European commission and European Investitionsbank), thus public carriers. The main committees are the board of governors (a representative per member country) and board of directors (23 members, for three years appointed by the board of governors). The president of the EBWE - appointed by the Gourverneursrat for four years - is at present the Frenchman Jean Lemierre. Within the EBWE there are the following departments:

• Banking
• Finances
• Risk management
• Personnel management
• Office of the Secretary-General
• Office of the Consul General
• Evaluation department
• Office of the chief people landlord
• Internal audit
• Office of the Chief Compliance Officer
• Communication
• Office of the president

Members

The members of the EBRD and their entry date:

• Egypt, 29. May 1990
• Albania, 18 December 1991
• Armenia, 7 December 1992
• Azerbaijan, 25 September 1992
• Australia, 29. May 1990
• Belgium, 29. May 1990
• Bosnia and Herzegowina, 17 June 1996
• Bulgaria, 29. May 1990
• Denmark, 29. May 1990
• Germany, 29. May 1990
• Macedonia, 21 April 1993
• Estonia, 28 February 1992
• Finland, 29. May 1990
• France, 29. May 1990
• Georgien, 4 September 1992
• Greece, 29. May 1990
• Ireland, 29. May 1990
• Iceland, 29. May 1990
• Israel, 29. May 1990
• Italy, 29. May 1990
• Japan, 29. May 1990
• Canada, 29. May 1990
• Kazakhstan, 27 July 1992
• Kirgisistan, 5 June 1992
• Croatia, 15 April 1993
• Latvia, 18. March 1992
• Liechtenstein, 29. May 1990
• Lithuania, 5. March 1992
• Luxembourg, 29. May 1990
• Malta, 29. May 1990
• Morocco, 29. May 1990
• Mexico, 29. May 1990
• Moldavia, 5. May 1992
• Mongolia, 9 October 2000
• New Zealand, 29. May 1990
• The Netherlands, 29. May 1990
• Norway, 29. May 1990
• Austria, 29. May 1990
• Republic of Korea, 29. May 1990
• Poland, 29. May 1990
• Portugal, 29. May 1990
• Romania, 29. May 1990
• Russia, 9 April 1992
• Serbia and Montenegro, 19 January 2001
• Slowakei, 1 January 1993
• Slovenia, 23 December 1992
• Spain, 29. May 1990
• Sweden, 29. May 1990
• Switzerland, 29. May 1990
• Tadschikistan, 16 October 1992
• Tschechien, 1 January 1993
• Turkey, 29. May 1990
• Turkmenistan, 1 June 1992
• Ukraine, 13 April 1992
• Hungary, 29. May 1990
• The USA, 29. May 1990
• Usbekistan, 30 April 1992
• United Kingdom of, 29. May 1990
• White Russia, 10 June 1992
• Cyprus, 29. May 1990

• European community, 29. May 1990
• European Investitionsbank, 29. May 1990

See also

• Development bank
• European Investitionsbank
• World Bank

Web left

• Official EBWE Website

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