News

EBRD approves new strategy for Azerbaijan

The European Bank for Reconstruction and Development (EBRD) has approved a new strategy for Azerbaijan which will guide EBRD’s investments and policy work in the country for the next five years.

#EBRDmore: Doing more in Central Asia

A record level of business in Uzbekistan in a single year, continued support for renewable projects in Kazakhstan and the launch of the EBRD Green Cities programme in Mongolia – these are just a few examples of the EBRD’s successful work in Central Asia in 2018.

EBRD supports trade in Uzbekistan

The EBRD is stepping up its support to Uzbek exporters and importers by extending a new trade finance facility of up to $20 million to UzPromstroybank to stimulate international and regional trade. UzPromstroybank is the country’s third-largest bank with a network of 45 branches.

EBRD steps up support for renewable energy production in Kazakhstan

Renewable power generation is set to play a greater role in Kazakhstan’s energy mix as a result of financing led by the European Bank for Reconstruction and Development (EBRD) for the construction of a new 50MW solar power plant in the south of the country.

EBRD invests in modern power generation in Uzbekistan

Power supply in south Uzbekistan will be significantly improved thanks to the creation of additional generation capacity at the existing Talimarjan power plant with the help of a sovereign loan of up to $240 million provided by the EBRD to JSC Uzbekenergo. The project will be the largest EBRD investment in Uzbekistan to date.

EBRD deepens cooperation with Kazakhstan

Deepening the EBRD’s engagement with Kazakhstan, the bank's new First Vice President Jürgen Rigterink is scheduled to visit the country for meetings with the authorities and businesses, to sign new investment projects, and head a prominent delegation at the Global Challenges Summit in the capital Astana from 17 to 19 May.

EBRD supports France’s Urbasolar in Kazakhstan

The EBRD is supporting French company Urbasolar SAS in its plans to build a solar power plant in Kazakhstan. The new Zadarya solar power plant will add 14 MW of solar capacity to Kazakhstan’s energy mix, bringing the total amount of existing and planned renewable energy to 365 MW.

Promoting safe and sustainable roads in Tajikistan

Together with the Eastern Alliance for Safe and Sustainable Transport and the Young Generation of Tajikistan, the European Bank for Reconstruction and Development (EBRD) is running a road safety media and public awareness campaign in Dushanbe to promote the use of seat belts and highlight the benefits of eco-driving.

What [People’s Republic of] China’s ‘Belt and Road Initiative’ means for the Western Balkans

The European Bank for Reconstruction and Development has commissioned an independent report on the development of the Balkan Silk Road.

EBRD, EU, and TBC Bank to help Georgia companies grasp new trade opportunities

The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) are expanding their joint program with TBC Bank to support the development of small and medium-sized enterprises in Georgia by adopting EU standards to make them more competitive on international markets.