The European Bank for Reconstruction and Development ( EBRD ) 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 . Eastern Europe Central Europe Initiated Initiatives for the Countries of Central Europe. EBRD has members from all over the world (North America, Africa, Asia and Australia, see below), with the biggest shareholder being the United States, but only lends regionally in its countries of operations. Headquartered in London , the EBRD is owned by 65 countries and two EU institutions. Despite its public sector shareholders, it invests in private enterprises, together with commercial partners. Read More…