• CEB Interim Financial Report 2026 cover

    Interim Financial Report 2026

    20 Oct 2026

    The CEB posted robust interim results in its Half-Year Financial Report, issued on 20 October. The half-year results, which are non-audited, show that the Bank’s net profit amounted to €70.1 million as at 30 June 2026, up by 19.4%, compared to the first half of 2025. Core earnings increased by 7.5%, thus continuing a positive trend. For the first half of 2026, new projects amounting to €2.5 billion were approved.

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  • MDBs Comparison Report 2026 Cover

    MDBs Comparison Report 2026

    14 Oct 2026

    This report is a joint MBD-initiative to enhance transparency and comparability of their financial positions, as called for by the G20. It offers a clear picture of how MDBs as a group provide a powerful platform to multiply the impact of shareholder capital for the global community and are uniquely positioned to contribute to the international development agenda. The Comparison Report is a valuable tool for understanding the strength of …

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  • COVER CEB_2025_Annual_Integrity_and_Compliance_Report

    Integrity and Compliance Report 2025

    06 Oct 2026

    The Integrity and Compliance Report 2025 provides an overview of the CEB’s actions to safeguard integrity, strengthen governance and manage compliance risks across its operations. It highlights key developments in project integrity due diligence, anti-money laundering and sanctions controls, ethics and conduct, cybersecurity, personal data protection and international cooperation. The report demonstrates how the CEB continues to embed transparency, accountability and sound risk management throughout its activities, ensuring that the …

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  • CEB TCFD Report 2025 Cover

    Task Force on Climate-related Financial Disclosures (TCFD) Report 2025

    21 Jul 2026

    Climate action and social progress go hand in hand. The CEB views the global fight against climate change as essential for a just transition, fostering social cohesion and safeguarding the interests of vulnerable people and communities throughout Europe. This fourth annual report, which is presented in accordance with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) established under the G20, shows the real impact CEB has on …

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  • CEB Risk Management Report 2025 cover

    CEB Risk Management Disclosure Report 2025

    07 Jul 2026

    In 2025, the CEB increased its lending activity while retaining a sound risk profile and an adequate capital buffer. A prudent risk management framework continued to support the Bank’s resilience, enabling it to fulfil its social mandate despite a challenging global financial environment.

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  • CEB Trust Funds for social impact 2025 Cover

    Trust Funds For Social Impact 2025

    30 Jun 2026

    In 2025, grant approvals from CEB trust funds reached €40 million for 23 projects in 15 member countries. From boosting mental health support in Ukraine to empowering women in Albania and providing homes for the elderly in Slovenia, trust funds enable the Bank to extend its reach and do more for social inclusion. Read the CEB’s new Trust Funds for Social Impact: Highlights 2025 today!

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  • Cover CEB GRI Report 2025

    GRI Report 2025

    26 May 2026

    This annual report provides stakeholders, including environmental, social and governance (ESG) rating agencies and socially responsible investors, with a comprehensive overview of the Council of Europe Development Bank’s (CEB) approach to ESG according to standards set by the Global Reporting Initiative (GRI).

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  • CEB_Sustainability Report 2025 COVER

    Sustainability Report 2025

    26 May 2026

    Sustainability is at the heart of the CEB’s mission to strengthen social cohesion across Europe. The new report highlights our strong governance, responsible investment, a people-centred approach to climate action and a steadfast focus on equity, inclusion and resilience.

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  • Roma Discussion paper cover page

    Advancing Roma inclusion in Europe

    08 Apr 2026

    Across Europe, many Roma communities continue to face entrenched social and economic exclusion driven by overlapping discrimination, spatial segregation and persistent informality in employment, housing and access to finance. This publication highlights how such structural barriers not only perpetuate poverty and marginalisation, but also obscure Roma communities from formal systems and policy responses, reinforcing a cycle of exclusion. At a time of labour shortages and demographic decline, it underscores the …

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  • 2025_CEB_SIB_Report_cover

    Social Inclusion Bond Report 2025

    31 Mar 2026

    In 2025 the CEB’s SIB issuance reached €2.6 billion, representing over 45% of the Bank’s total funding programme.

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  • Cover_CEB_2025_Financial_Report

    Financial Report 2025

    24 Mar 2026

    The audited financial statements for 2025 of the Council of Europe Development Bank (CEB), approved by the Governing Board, post a sound financial performance, reflecting a sustained level of social investment, despite geopolitical challenges.

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  • Cover_Annual_Report_2025

    Annual Report 2025

    24 Mar 2026

    2025 was a defining year for the CEB, read more in our Annual Report

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  • Thumbnail_Cover-care for older persons

    Financing the care gap: How MDBs can help transform care for older persons

    09 Dec 2025 Health and social care

    Meeting the care needs of older persons in Europe faces mounting challenges as rapid population ageing drives rising demand. This Discussion Paper examines the role MDBs can play in addressing this challenge.

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  • Cover CEB Interim Financial Report 2025

    Interim financial report 2025

    21 Oct 2025

    The CEB posted sound interim results in its Half-Year Financial Report, issued on 21 October. The half-year results, which are non-audited, show that the Bank’s net profit reached €58.7 million as at 30 June 2025, down on the first half of 2024 in a challenging economic and geopolitical context. Core earnings increased by 2.7%, continuing a positive trend. For the first half of 2025, new projects amounting to €2.7 billion …

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  • Cover_G20_CAF_Review_CRA_Paper_October_2025

    Credit Rating Agency Methodology for Multilateral Development Banks

    15 Oct 2025

    Regular dialogue with MDBs and other IFIs has led to Credit Rating Agencies adapting their rating criteria, providing MDBs with greater flexibility to expand their lending capacity while maintaining the high credit ratings essential for their financing operations. This paper acknowledges the achievements to date and proposes areas for continued dialogue between MDBs and CRAs.

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  • Cover_social_infrastructure_report_with_line_high_res

    Social Infrastructure in Focus: The Role of MDBs

    09 Oct 2025

    Social Infrastructure in Focus: The Role of Multilateral Development Banks casts a light on the catalytic role that multilateral development banks (MDBs) play in advancing and sustaining social infrastructure investment around the world. Social infrastructure, such as hospitals, schools, housing, and water and sanitation, matters for people’s welfare and building thriving, resilient societies, and as the new joint report says, is key for achieving the Sustainable Development Goals (SDGs). While …

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  • MDBs Comparison Report 2025 Cover

    MDBs Comparison Report 2025

    04 Sep 2025

    Published for the first time, this report is a joint MDB initiative to enhance transparency and comparability of their financial positions, as called for by the G20. It offers a clear picture of how MDBs as a group provide a powerful platform to multiply the impact of shareholder capital for the global community and are uniquely positioned to contribute to the international development agenda. The Comparison Report is a valuable …

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  • CEB TCFD Report 2024 Cover

    Task Force on Climate-related Financial Disclosures (TCFD) Report 2024

    22 Jul 2025 Protection of the environment

    The CEB has a key role to play in the global fight against climate change and promoting a just transition, with its social focus on supporting the most vulnerable people and communities. This third annual report, which is presented in accordance with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) established under the G20, describes the Bank’s approach to climate-related risks and opportunities, and explains how it …

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  • CEB Risk Management Report 2024 cover

    CEB Risk Management Disclosure Report 2024

    17 Jul 2025

    In 2024 the CEB increased its lending activity, while retaining a sound risk profile and an adequate capital buffer. Solid risk management is key for the CEB’s financial strength and its social mission, and this fourth annual CEB Risk Management Disclosure Report provides readers with a clear picture of the situation to 2024. The CEB closely monitors financial markets and geopolitical events, which can impact its risk profile, though as …

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  • CEB_Integrity  Compliance Report_2024 COVER

    Integrity and Compliance Report 2024

    08 Jul 2025

    Integrity is central to achieving the Council of Europe Development Bank’s (CEB) social mandate. Read the CEB Integrity and Compliance Report 2024 and learn about how the Bank continued its process of modernisation and alignment with best international practices ranging from due diligence to awareness training, in addition to investigations and complaint handling.

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