EBRD Mulls Significant Capital Hike

The European Bank for Reconstruction and Development is considering significantly increasing its capital base to some EUR20 billion (USD27 billion),

reported. "If our shareholders want us to do much more, that is something around EUR10bn, then they would need to put more resources on the table," said EBRD chief Thomas Mirow. A capital hike will most likely not be implemented before the bank's next capital review in 2012.

About the author

  • Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.