Transition 7 (1)

Acta Politica Polonica, 2023

2000

2008

97 . Since 2006 the Bank have increased its lending up to 5 billions euro annually. Currently the EBRD has 63 members (61 countries, the European Community and the European Investment Bank), with a total of 27 countries of operations. The Bank’s subscribed capital is 20 billion euro (5 billions is paid and 15 billions is callable). The EBRD has credit rating of AAA from Standard & Poor’s and Aaa from Moody’s. The Bank does not directly utilise shareholders’ capital to finance its loans. Instead, the AAA/Aaa rating enables the Bank to borrow funds in the international markets by issuing bonds and other debt instruments at highly cost-effective market rates. The Bank provides loans, equity investments and guarantees for private and public sector projects in the areas of finance, infrastructure, industry and commerce in these countries. Its activities include the promotion of the private sector, the strengthening of financial institutions and legal systems, and the development of infra...

2006

2010

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Transnat'l L. & Contemp. Probs., 1996