EBRD ready to reinforce investments in Eastern Europe

This is emphasized in the statement of EBRD published today, which added that in 2010 will increase investments compared to the record level last year.

With recapitalization for which currently thought, the bank should be able to continue investing in similar increased levels during the last five years.

Investment last year increased to 55 percent, which has been foremost concentrated in the financial sector to support banks in the region in order to continue to credit, particularly in the small entrepreneurship sector.

Bank announces that the key element for further will be investments in energy efficiency projects.

In accordance with expectations, EBRD in 2009 ended with net loss of 746 million Euros, according to 602 million a year earlier.

Source:ekonomia-ks.com/26.02.2010