Pause operations: company temporarily curtailing operations while keeping return options open
Leave SuspensionThe European Bank for Reconstruction and Development is an international financial institution founded in 1991. As a multilateral developmental investment bank, the EBRD uses investment as a tool to build market economies.
Pause operations: company temporarily curtailing operations while keeping return options open
Leave SuspensionThe Bank has closed its offices in Moscow. Russia continues to be a shareholder of the Bank. The government subcommittee did not approve the deal for the acquisition of a stake in Mosbirzha by the Softline group of companies from the European Bank for Reconstruction and Development (EBRD).
The Bank has made no new investments in Russia since 2014. In April 2022, the EBRD’s Board of Governors decided to suspend access to the Bank’s resources by Russia in response to the invasion of Ukraine. EBRD to hit record loss in 2022 due to investments in Russia and Belarus. The European Bank for Reconstruction and Development (EBRD) EBRD.UL has sold its 5.3% stake in Moscow Exchange MOEX.MM to IT company Softline.