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 (from 2020).
  • Headquarter: United Kingdom, London.
  • Authorised share capital: €30.0 billion.
  • Number of member countries: 39


Information about cooperation between Azerbaijan and the organization

  • Membership of Azerbaijan: 1992
  • In 1993, the local representative office of the Bank was opened in Azerbaijan.
  • 13 sovereign guaranteed projects
  • Completed: 10 projects.
  • Under implementation: 3 projects.
  • Distribution of projects under implementation by sectors:
  • Roads recostruction and upgrading (Beneficiary: State Agency of Azerbaijan Automobile Roads; Date: 2012-2024-cü illər)
  • Ganja solid waste (Beneficiary: Ganja City Executive Power; Date: 2022-2025)
  • Ganja street lighting (Beneficiary: Ganja City Executive Power; Date: 2022 – 2025)