EBRD's Capital Surge: Strengthening Global Development Bonds

The European Bank for Reconstruction and Development (EBRD) secures over 90% of a €4 billion capital increase as its largest shareholders, including the U.S., commit to funding. This uplift will enhance EBRD's capability to invest in Ukraine, Sub-Saharan Africa, and Iraq, supporting global development projects.

The European Bank for Reconstruction and Development (EBRD) is set to receive a major financial boost as the largest of its shareholders, including the United States, have committed to or have already provided the funds for a €4 billion capital increase.

An EBRD spokesperson revealed that more than 90 percent of the general capital increase is expected to be fulfilled, following the lender's board approval in late 2023. The subscription deadline has been extended to the end of 2025 to accommodate shareholders' payments, with significant participation from the U.S., after initial reluctance.

This capital injection will raise the EBRD's base to €34 billion, allowing for increased investments, particularly aimed at reconstruction in Ukraine and upcoming projects in Sub-Saharan Africa and Iraq, thus broadening its global developmental impact.