Diversified Financial Services
Company Overview of Council of Europe Development Bank
Council of Europe Development Bank operates as a multilateral development bank that provides financial services to 40 member states in Europe. It grants loans to finance social projects corresponding to various sectoral, geographic, social, and financial criteria for governments, local or regional authorities, and public or private financial institutions. The company provides its services to various projects in reconstruction and repair of reception facilities, such as reception centers, temporary, and permanent social housing; programmes for preventive and curative medicine; education and vocational training; and technical infrastructure and basic amenities required to meet the immediate ne...
55, avenue Kléber
Founded in 1956
Key Executives for Council of Europe Development Bank
Head of the Partial Agreement
Head of Cabinet of the Governor
Compensation as of Fiscal Year 2013.
Council of Europe Development Bank Key Developments
Council of Europe Development Bank Reports Unaudited Earnings Results for 2012
Jan 31 13
Council of Europe Development Bank reported unaudited earnings results for 2012. For the year, the company reported solid results. The company's net profit should come to €120.2 million. This constitutes an increase of 12.5% compared to €106.9 million in 2011. This result was achieved despite challenging market conditions and the impact of downgrades of certain CEB Member States and counterparties.
Council of Europe Development Bank Reports Unaudited Earnings Results for the Half Year Ended June 30, 2012
Oct 9 12
Council of Europe Development Bank reported unaudited earnings results for the half year ended June 30, 2012. For the period, the company reported net banking income of EUR 78.7 million, gross operating income of EUR 60.8 million and net profit of EUR 60.8 million compared to net banking income of EUR 72.9 million, gross operating income of EUR 55.4 million and net profit of EUR 55.4 million reported in the same period last year. Interest margin was EUR 75.8 million against EUR 71.1 million reported last year. The rise in net profit is mainly due to the increase in the interest margin and to the positive impact of financial instruments at fair value through profit and loss. Total net cash flows from operating activities were EUR 791.6 million against EUR 1,316.9 million reported last year. Cash used related to tangible and intangible assets was EUR 142 million against EUR 14 million reported last year.
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