European Bank for Reconstruction and Development

Name of the organization

European Bank for Reconstruction and Development

General information about the organization

Establishment date: 1991.
Purpose: Foster the transition towards open market-oriented economies and to promote private and entrepreneurial initiative
President: Odile Renaud-Basso (Since 2020).
Headquarter: United Kingdom, London.
Authorised share capital: €30.0 billion.
Number of member countries:73

Information about cooperation between Azerbaijan and the organization

· In 1993, the local representative office of the Bank was opened in Azerbaijan.

- Completed: 9 projects.

- Under implementation: 4 projects.

- Roads reconstruction and upgrading;

- Ganja solid waste;

- Ganja street lighting;

- Azerbaijan: Southern Gas Corridor.