Wednesday, April 7, 2010 as of 11:14 AM ET
Founded in 1991, the European Bank for Reconstruction and Development (EBRD) uses the tools of investment to help build market economies and democracies in 30 countries from central Europe to central Asia.
Read More at Wikipedia ›The European Bank for Reconstruction and Development's 63 government shareholders Friday chose the U.
K.'s Suma Chakrabarti from among five candidates to become its new president.In a process rare and possibly unique in the annals of international financial institutions, shareholders decided the issue after a number of rounds of voting.Chakrabarti is the top civil servant at the U.K.'s Ministry of Justice and before that was its top official at the Department for International Development.The EBRD was established in 1991 to help countries emerging from Communism make the transition from centrally planned to market economies. Although most of its shareholders are European governments, the largest single shareholder is the U.S. government, and other governments in Asia and the Americas also have substantial stakes.The outcome of the voting marks a rare setback for the French and German governments. They had backed Philippe de Fontaine Vive Curtaz, a French citizen who works at the Europea...The European Bank for Reconstruction and Development is due to price a GBP275 million tap of its 0.875% 2014 bond at 44 basis points over gilts, one of the banks run...
The European Bank for Reconstruction and Development priced a $750 million tap of its bond maturing February 2017, one of the banks running the deal said Wednesday.T...
International policy makers and banks active in central and eastern Europe have agreed a set of measures designed to protect the countries of central and eastern Eur...
The European Bank for Reconstruction and Development has been invited to make an equity investment of up to EUR80 million in Bank Zachodni WBK SA (BZW.WA), the Polis...
The European Bank for Reconstruction and Development , or EBRD, has set price guidance on its GBP200 million minimum bond, maturing Dec. 2014, one of the banks runni...
The European Bank for Reconstruction and Development has priced a $1.5 billion, five-year bond, one of the banks running the deal said Thursday.Citigroup Inc., Daiwa...
The European Bank for Reconstruction and Development is to price its benchmark-size, dollar-denominated, five-year bond at the midswaps rate, one of the banks runnin...
Greece urgently needs to kickstart economic growth or debt reduction alone won't be enough to put the euro-zone member on a sustainable footing, the head of the Euro...
Economies in central and eastern Europe with close trade and financial links to the euro zone will slow even more sharply than feared next year as a result of the cu...
WASHINGTON (Reuters) - It is in U.S. business' own interest to support the role of multilateral development banks as they try to bolster global growth, Treasury Secr...
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Group of Eight leaders promised $20 billion in aid to Tunisia and Egypt on Friday and held out the prospect of billions more to foster the Arab Spring and the new de...
The European Bank for Reconstruction and Development's 63 government shareholders Friday chose the U.K.'s Suma Chakrabarti from among five candidates to become its n...
The European Bank for Reconstruction and Development is concerned the escalating euro-zone crisis may lead to a credit crunch in eastern and southern Europe, a senio...
Economies in central and eastern Europe with close trade and financial links to the euro zone will be less severely damaged by the currency area's crisis than previo...
Economic growth driven by domestic savings and supported by stronger cross-border regulation of banks should replace the debt-driven model of the past, the governor ...
Finance ministers from the European Union said Wednesday they were hopeful of progress at a meeting to hammer out a deal on applying the principles of the new global...
There is little evidence that the European Union's new capital adequacy targets are leading to an "excessive" reduction in lending to countries in Central and Easter...
The European Bank for Reconstruction and Development priced a GBP275 million tap of its 0.875% 2014-dated bond, one of the banks running the deal said Monday.That ta...
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