The European Bank for Reconstruction and Development (EBRD) is a multilateral development bank established in 1991 to support the transition to open market economies. It operates across more than 40 economies on three continents, with a specific focus on Europe, the Caucasus, and Central Asia. The EBRD is owned by 77 national governments, the European Union, and the European Investment Bank.
The institution combines financing, business advice, and policy reform to enable a sustainable private sector. Its work spans various sectors, including automotive manufacturing, retail, and urban infrastructure. The EBRD also engages in significant environmental projects, such as efforts to make the Chornobyl site safe and supporting green city initiatives.
In Nigeria, the EBRD maintains a resident office in Lagos. This local presence supports the bank’s operations in the region, handling administrative, logistical, and financial matters for staff and visitors. The Lagos office coordinates with local authorities on registration, visa, and tax matters, and manages office facilities, security, and budgeting for the resident team.
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