Summary: European Bank for Reconstruction and Development Dec 11
- ID: 2034152
- December 2011
- Region: Europe
- Standard & Poors
The ratings on the European Bank for Reconstruction and Development (EBRD) are based on its extremely strong capital position, enhanced by almost €9 billion in callable capital from 'AAA' rated members (at year-end 2010); ample liquidity; prudent financial management and policies; and excellent franchise value, reflecting EBRD's status as the largest multilateral provider of financing to its countries of operations. EBRD began in 1991 with a mandate to help the countries of Central and Eastern Europe and the Commonwealth of Independent States (CIS) transition to market economies, principally by lending (primarily to the private sector), making equity investments, and providing guarantees. Its shareholders consist of 61 predominantly European countries plus the European Union (EU: AAA/Watch Neg/A-1+) and the European Investment...
Companies mentioned in this report are:
- European Bank for Reconstruction and Development
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