Summary: European Bank for Reconstruction & Development Aug 01
- ID: 1859482
- August 2001
- Region: Europe
- Standard & Poors
The ratings on the European Bank for Reconstruction and Development (EBRD) reflect: Strong membership support; last demonstrated by a 100% increase in the Bank's authorized capital, effective April 1997; Prudent statutory and policy limits on the Bank's operations, gearing, and liquidity; and The continuing role of the Bank in effectively serving the challenging and evolving needs of its countries of operation. The shareholders' firm support was demonstrated by a 100% increase in the Bank's authorized capital, effective April 1997. The capital increase, the institution's first, doubled existing authorized capital to €20 billion. Of the Bank's authorized capital, €19.7 billion was subscribed at Dec. 31, 2000. Of the €10 billion increase in authorized capital stock, 22.5% is in the form of...
Companies mentioned in this report are:
- European Bank for Reconstruction and Development
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