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The Strategic and Capital Framework 2026-30, approved on 15 May 2025, makes exceptional support for Ukraine the central objective, targeting at least €1.5 billion per year while the conflict continues and at least €3 billion per year during reconstruction, backed by the €4 billion capital increase approved in 2023. Geographically, the expansion into sub-Saharan Africa and Iraq agreed in 2023 is fully operational in the framework period.
Green transition is the largest investment theme: an estimated €500 billion per year is needed across EBRD regions by 2030, five times the current level, and the Bank targets at least half of its annual investment to be green while mobilising at least €5 billion of private-sector investment annually.
The EBRD combines financing, business advice and policy reform in a single delivery model aimed at building sustainable private sectors. Its shareholder base of 77 countries plus the European Union and the European Investment Bank gives it exceptional political reach and a triple-A credit rating with stable outlook from S&P, Moody's and Fitch.
Scale reinforces the model: the Bank has invested more than €220 billion in over 7,800 projects since 1991 and posted a record €16.8 billion of annual investment in 2025 with €26.8 billion of total mobilisation. It is Ukraine's largest institutional investor, with more than €10.5 billion deployed since February 2022.
The Bank's mandate is limited to countries committed to multiparty democracy, pluralism and market economics, which constrains the investable universe. Growth depends on shareholder-approved capital increases and donor funding rather than retained earnings alone, and the European Union supplied 55 per cent of 2025 donor resources.
Credit quality reflects geopolitics: non-performing loans were 8.4 per cent of loan operating assets at end-2025, or 3.1 per cent excluding Ukraine-related exposures. Net profit fell to €1.3 billion in 2025 from €1.7 billion in 2024, partly on a €0.14 billion expected-credit-loss charge.
