The European Bank for Reconstruction and Development (EBRD) invested a record 16.8 billion euros across its regions in 2025. The Bank financed 640 projects over the course of the year, with 75 per cent of investments in the private sector, equating to 12.7 billion euros in private-sector investment.

EBRD President Odile Renaud-Basso said: “2025 was a year of continuing challenges, but also many striking achievements. I am proud that the Bank delivered unprecedented support to Ukraine, while fuelling private-sector development, enhancing competitiveness and boosting growth across our economies.

At the same time, our first-ever investments in sub-Saharan Africa and Iraq marked a historic milestone, extending the EBRD’s reach to new markets.”

The Bank had previously delivered a record 16.6 billion euros in investment across its economies in 2024, with record shares of private-sector, green and human capital development-linked investments.

While growth in most EBRD regions picked up in 2025, a number of economies continued to shoulder the burden of high public debt and high government interest payments.

Despite ongoing global tensions and inflationary pressures across its regions, the Bank continued to deliver on its strategic priorities, channelling 56 per cent of total investment, or 9.4 billion euros, to projects supporting the green transition in its investee economies. Forty-seven per cent of projects advanced opportunities for women across the EBRD regions. Six per cent of all annual investments took place in equity. The Bank’s annual mobilised investment was 5.7 billion euros. Total mobilisation was 26.8 billion euros. Annual disbursements reached a record 11.5 billion euros, exceeding 2024’s level of 10.6 billion euros.