EBRD increases capital by EUR 4 billion to finance Ukraine

The European Bank for Reconstruction and Development (EBRD) has increased its capital by EUR 4 bln to enable further investment in the Ukrainian economy.

The additional capital will be used to support sustainable investment in Ukraine’s real economy, both during the war and in the recovery phase. This will help create jobs, stimulate economic development and strengthen the Ukrainian economy.

With the increased capital, the EBRD will be able to continue its annual investment in Ukraine of around EUR 1.5 bln during the war.

Once reconstruction begins, the Bank’s support will increase to EUR 3 bln annually. In May this year, the Bank’s senior management recognised that support for Ukraine should be the EBRD’s top priority – now and in the future.

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