Algeria
Egypt
Israel
Jordan
Lebanon
Libya
Morocco
Palestine *
Syria *
TunisiaEBRD publishes new document underpinning its Capital Adequacy Framework
The European Bank for Reconstruction and Development (EBRD) today publishes the Capital Adequacy Policy and Capital Adequacy Procedures underpinning its Capital Adequacy Framework.
The document will be a vital cornerstone for the Bank’s financial sustainability and strength and therefore support its mission across all its regions.
The publication aligns with the recommendations put forth by the G20-sponsored Independent Review of Capital Adequacy Frameworks (the CAF Review) and follows the guidance provided by the CAF Review Expert Panel.
By adhering to these standards, the EBRD aims to enhance comparability, transparency, and benchmarking practices among Multilateral Development Banks (MDBs).
Today’s publication specifically supports the objectives of recommendation five of the CAF Review which states: ‘More accessible and comparable data and analysis, as well as regular capital reviews, will support shareholders, rating agencies and market participants in their assessment of MDB strength and demystify their financial model…’
The document’s disclosure complements other transparency-enhancing initiatives undertaken earlier this year, including the EBRD’s publication of the Callable capital review in April and the Default and recovery rate analysis in May.
Countries covered:
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Algeria
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Egypt
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Israel
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Jordan
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Lebanon
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Libya
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Morocco
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Palestine *
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Syria *
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Tunisia
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