Sitemap

King Charles III Officially Opens EBRD’s New HQ

CorD Recommends

ECB Cuts Rates for First Time in Years

In a move that marks the first...

Five New Non-Permanent Members Elected to the UN Security Council for Two-Year Term

The United Nations General Assembly has elected...

Annalena Baerbock Elected UN Assembly President

Former Minister for Foreign Affairs of the...

Air Awaire Seminar at the Swedish Residence

Indoor and Outdoor Air Quality Seminar, organized...

Wiener Städtische Insurance Wins Günter Geyer Award

Wiener Städtische Insurance has received the Bronze Günter Geyer Award for Social Responsibility, presented by its parent group Vienna...

Ecuador and Brazil Seal 2026 World Cup Berths as Qualification Race Heats Up

With just under two years to go until the expanded 2026 World Cup kicks off across North America, thirteen...

Eurospin Enters Serbia

The Italian discount retail chain Eurospin, through its company Eurospin EKO, is officially entering the Serbian market. According to the...

Air Serbia Adds Mykonos to Its Summer Network

Air Serbia has launched a new direct route between Belgrade and the Greek island of Mykonos, with the first...

US and China to Resume Trade Talks in London

In a high-stakes diplomatic turn, Chinese Vice Premier He Lifeng is set to meet top U.S. officials in London...

King Charles III has officially opened the new headquarters of the European Bank for Reconstruction and Development (EBRD) in London’s Canary Wharf district.

The King unveiled a plaque commemorating his visit and met members of the Bank’s Board of Directors, senior management and members of the staff, including those from Ukraine and Türkiye, during his time at the new HQ.

His Majesty was also presented with a landscape painting by a 16-year-old Ukrainian girl from Tarashcha from an exhibition organised by staff in aid of the Kids and Art for Ukraine charity.  

“It was an honour to welcome His Majesty to our new home today,” EBRD President Odile Renaud-Basso said. “His passionate advocacy for sustainable markets and the environment predates our Bank’s existence and has been an inspiration to many in the EBRD regions.”

The EBRD was founded in 1991 at the end of the Cold War to build open market economies and promote private enterprise in the former communist countries of Central and Eastern Europe.

As Prince of Wales, the King inaugurated the Bank’s previous headquarters in Bishopsgate in March 1993, nearly 30 years ago to the day. At the time he noted the EBRD’s important role in ‘generating and sustaining the right momentum’.

The Bank has since expanded into new regions and is now active in 36 economies across three continents. Since its creation it has invested over €180 billion in more than 6,600 projects.

For the last two years the EBRD has also invested more than half its annual business volume in the green economy and, as of the start of 2023, has aligned all its activities with the Paris Agreement.

Its new headquarters reflect its commitment to green values. Its new home at Five Bank Street has been acknowledged as one of the most environmentally advanced buildings in the United Kingdom.

It boasts features such as rooftop photovoltaic panels delivering almost 20,000 kWh/year, grey water recycling, a green wall, green and brown roofs as wildlife habitats, and extensive cycle parking and facilities.

The 26-storey skyscraper, 12 floors of which are occupied by the Bank, is fully powered by renewable energy. 

The EBRD is also the largest institutional investor in Ukraine. Last year, under wartime conditions and responding to the country’s urgent needs, it deployed €1.7 billion there, plus almost €200 million more from partner banks.

Pročitajte još...

Charlotte Ruhe, Managing Director For Central And South Eastern Europe At The EBRD

Serbia Needs A Swifter Economic Shift

Although the EBRD forecasts slower growth for Serbia in 2023, than in 2022, the pipeline of projects supported by the EBRD and the EU...

Remon Zakaria, EBRD Head Of Montenegro And EBRD Representative On The Montenegrin Foreign Investors Council

Huge Renewable Energy Potential

While tourism remains the country’s core economic activity, Montenegro has significant potential to turn renewable energy production and ICT into new sources of growth...

EBRD staff last year donated €313,000 to local charities in Ukraine and other countries affected by the war. The Bank’s Community Initiative has matched that sum with nearly €482,000 of its own.

Some of the Bank’s Turkish members of staff were also able to meet His Majesty during his visit. The EBRD recently announced plans to invest up to €1.5 billion in Türkiye’s south-east over the next two years to address the impact of last month’s earthquakes.

Source: ebrd.com, Foto: twitter/OdileRenaud

Related Articles

EBRD Presents its Flagship Transition Report in Belgrade

The European Bank for Reconstruction and Development (EBRD), the largest institutional investor in the Western Balkans, presented its flagship Transition Report 2024-25: navigating industrial policy The Governor...

EBRD Investments Surge to a Record €16.6 Billion in 2024

The European Bank for Reconstruction and Development (EBRD) reported a 26% increase in investments in 2024, reaching a record €16.6 billion. This growth was...

The Foreign Investors Council held its Regular Annual Assembly

The Foreign Investors Council (FIC) held the regular annual session of the Assembly, electing the new Board of Directors, adopting the Annual and Financial...

EBRD announces the appointment of Miljan Zdrale as Regional Head of Central Europe

The European Bank for Reconstruction and Development (EBRD) is pleased to announce the appointment of Miljan Zdrale as Regional Director for Central Europe covering Croatia, Czechia, Hungary, the Slovak...

Remon Zakaria, MFIC BoD member (EBRD Head of Montenegro)

Dedicated to Greening Montenegro

MFIC is focused on the green economy, which is evident in our creation of a working group tasked with proposing key sector reforms and...

Matteo Colangeli, EBRD Regional Director for the Western Balkans

 Scaling up EBRD investments in Serbia

Commitment to reforms, strong partnerships and growing presence on the ground key to position Serbia among top recipients of investment With new investments worth nearly...

The Foreign Investors Council and EBRD Hosted Conference On Financial Services

The Foreign Investors Council of Serbia, in cooperation with the European Bank for Reconstruction and Development (EBRD), organised the second conference on financial services:...

CEB Grants €1.3 Billion Loans to Boost Social Sectors in 11 Countries

The Council of Europe Development Bank (CEB) has sanctioned loans totaling €1.3 billion for 11 member countries, including Serbia and Bosnia and Herzegovina, announced...