The European Bank for Reconstruction and Development (EBRD) was founded in 1991 when Europe’s former communist countries were building private sectors under new democractic governments.
Today, EBRD includes 69 countries, the EU, and the EIB and provides project financing for banks, whole industries, and businesses. They work alongside public companies to support privatization, the restructuring of state-owned firms, and the improvation of essential municipal services.
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