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    • News
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    EBRD Mulls Significant Capital Hike

    By Ma. Rizza Leonzon // 08 May 2009

    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.

    • Banking & Finance
    Printing articles to share with others is a breach of our terms and conditions and copyright policy. Please use the sharing options on the left side of the article. Devex Pro members may share up to 10 articles per month using the Pro share tool ( ).

    About the author

    • Ma. Rizza Leonzon

      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.

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