International relations
Cooperation with financial institutions
European Bank for Reconstruction and Development

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 (from 2020).
Headquarter: United Kingdom, London.
Authorised share capital: €30.0 billion.
Number of member countries:71

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 reconstruction 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)