July 25, 2014 9:35 PM ET

Diversified Financial Services

Company Overview of The European Bank for Reconstruction and Development

Company Overview

The European Bank for Reconstruction and Development provides project financing for banks, industries, businesses, and publicly owned companies primarily in Europe, Asia, and southern and eastern Mediterranean. It offers loans and equity finance, guarantees, and leasing facilities; and support services for the development of micro, small, and medium-sized enterprises; direct financing and support for medium-sized enterprises through various loan and equity facilities; and business advisory services, as well as loan syndication services. The company also provides trade finance consisting of short-term loans to banks and factoring companies for on-lending to local exporters, importers, and dis...

One Exchange Square

London,  EC2A 2JN

United Kingdom

Founded in 1990


44 20 7388 6000


44 20 7338 6100

Key Executives for The European Bank for Reconstruction and Development

Age: 55
Chief Financial Officer
Chief Operating Officer and First Vice President
Managing Director of Southern & Eastern Mediterranean Region
Chief Administrative Officer and Vice President
Compensation as of Fiscal Year 2014.

The European Bank for Reconstruction and Development Key Developments

The European Bank for Reconstruction and Development Announces Executive Changes

The European Bank for Reconstruction and Development (EBRD) has been appointed Andras Simor as Vice President Finance and Chief Financial Officer, effective from October 2014. He will replace Manfred Schepers who has held the position for eight years. The Vice Presidency Finance at the EBRD is responsible for Treasury, Loan Syndications and Capital Market Development as well as Financial Strategy and Policy and Financial, Budget and Business Planning and Capital Management. Andras Simor joined the EBRD in July 2013 after serving as Governor of the National Bank of Hungary.

Three Buyers Reportedly In For Hypo Alpe's Balkans Network

Three buyers are reportedly running to buy Balkans network of Hypo Alpe-Adria-Bank S.p.A. The buyers include Expobank LLC, Advent International Corporation and The European Bank for Reconstruction and Development.

Deadline Expires For Expression of Interest in NKBM

The deadline for the expression of interest to buy Nova Kreditna Banka Maribor d.d. has expired on July 3, 2014. The daily Delo reported unofficially that two foreign banks and four financial funds are interested. The report suggests that the most serious prospective buyer of NKBM is OTP Bank Plc. (BUSE:OTP) OTP which carried out due diligence in NKBM last year, did not wish to comment for Delo about their potential interest, saying only that it is constantly looking for takeover opportunities. The European Bank for Reconstruction and Development has also been mentioned as a potential co-investor in NKBM, according to Delo. The bank also refused to comment on the sale, according to Delo.

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