2. Help the recipient governments to formulate policies and measures, promote their economic reforms, and help them implement non-monopoly, decentralization and non-nationalization;
3. Raise funds for capital construction projects;
4. Participate in the preparation of financial institutions and financial systems, including banking system and capital market system;
5. Help to support the preparation of industrial systems, and pay special attention to supporting the development of small and medium-sized enterprises. The management policy of EBRD is "giving consideration to the development of banking business and commercial investment banking business".
Financing business
European bank for reconstruction and development-financing business
The advantage of EBRD is that it can operate in both the private and public sectors. EBRD combines the principles and practices of commercial banks and development banks to provide funds for private or privatized enterprises and infrastructure projects necessary for private enterprises. EBRD flexibly designs various financing tools according to the needs of specific projects, including loans, equity investments and guarantees. The European Bank for Reconstruction and Development uses sound financial and investment principles to carry out various financing. The European Bank for Reconstruction and Development has set various appropriate financing conditions to cooperate with other international financial institutions and public and private financial institutions through * * * financing.
By the end of May 1998, 3 1, EBRD has approved 574 projects, of which EBRD has its own funds 139 billion euros, and will raise another 31200 million euros. Of the 574 approved projects, 496 have been signed, and the European Bank for Reconstruction and Development has promised to provide its own funds of 65,438+065,438+200 million euros. 68% of the total commitment (45 1 billion euros) is used for private sector projects.
A major feature of EBRD's activities is project-related technical cooperation. By the end of 1997, EBRD had signed 53 cooperation fund agreements with bilateral donors, with a total amount of 51200,000 euros, and promised to provide technical cooperation of about 500 million euros for the 1808 project.