European Bank for Reconstruction and Development

The U.S. is the largest single shareholder in the EBRD, the world’s newest multilateral development bank. The Bank’s program promotes the growth of market-based economies in 27 countries in Central and Eastern Europe and the Former Soviet Union. With US$20 billion of capital, the Bank offers a wide range of financing mechanisms to promote privatization, restructuring, and liberalization in this highly dynamic region.

The Commercial Service Liaison Office to the European Bank for Reconstruction and Development (CS-EBRD) is an integral part of U.S. representation at the EBRD and works closely with the Executive Director's office to increase the effectiveness of U.S. participation in Bank programs. CS-EBRD provides information to U.S. businesses on how the EBRD works and how U.S. companies can participate in EBRD projects. CS-EBRD also offers guidance to U.S. companies throughout the project cycle.

U.S. companies have won a substantial proportion of public sector tenders funded by the Bank, plus nearly one third of all EBRD consultancy contracts. U.S. firms have also joined in to become major investors in EBRD projects, valued at over US$13 billion. In addition, the U.S. is one of the principal donors to the EBRD’s Technical Cooperation Funds Program. This program provides funding for a wide range of consultants and other experts in order to support the EBRD’s mission.

Note: The Omnibus Trade Bill of 1988 mandates that Department of Commerce staff be located within the U.S. offices of all development banks, and we have colleagues at the World Bank, Asian Development Bank, African Development Bank and the Inter-American Development Bank.

Links:

European Bank for Reconstruction and Development