EBRD Secures Major Support For €4 Billion Capital Raise As G7, EU and EIB Join 77 Shareholders To Strengthen Bank’s €34 Billion Base

The European Bank for Reconstruction and Development (EBRD) has reached almost full subscription of its €4 billion general capital increase, securing close to 95 per cent of the total. Approved by the Bank’s Board of Governors in 2023, this increase raises the EBRD’s overall capital base to €34 billion. Shareholders from the G7, the European Union and the European Investment Bank, along with a large majority of the Bank’s remaining shareholders, have all committed to the increase. Their participation reflects strong and coordinated support for the EBRD’s mission and long-term strategy.

This marks the third general capital increase in the Bank’s history, following previous decisions in 1996 and 2010. The expanded capital base will allow the EBRD to continue delivering substantial and sustained investments, especially in Ukraine’s real economy during the ongoing conflict and throughout future reconstruction efforts. At the same time, the Bank will maintain its support for key priorities across all economies where it operates.

EBRD President Odile Renaud-Basso expressed appreciation for the unity shown by shareholders. She noted that their backing demonstrates confidence in the Bank’s role and the impact of its work across its regions. She also emphasised that the additional capital strengthens the institution’s capacity to respond to urgent needs in Ukraine and to continue supporting development in its wider portfolio of countries. The EBRD is jointly owned by 77 countries, the European Union and the European Investment Bank. Since its establishment in 1991, it has invested more than €220 billion across its regions, contributing to economic development, resilience and reform.