Financial Report 2020

Explore the Council of Europe Development Bank's (CEB) robust financial performance in 2020, a year marked by the COVID-19 pandemic. The Bank's Report showcases a strong increase in project approvals, reaching €6.0 billion for 56 projects, and a significant rise in loan disbursements to €4.5 million. While net profit saw a decline due to low-interest rates and macroeconomic risks, the CEB's lending activity remained solid across 36 countries, with a focus on target group countries such as Albania, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Czech Republic, Estonia, Georgia, Hungary, Kosovo, Latvia, Lithuania, Malta, Moldova (Republic of), Montenegro, North Macedonia, Poland, Romania, Serbia, Slovak Republic, Slovenia and Turkey.. How did the Bank navigate these challenges while maintaining a strong credit profile? Find out in the Financial Report 2020.