Interim report 2021

The economic and financial repercussions of the COVID-19 pandemic marked the first six months of 2021. Despite this challenging context, the Council of Europe Development Bank (CEB) recorded a robust financial performance, according to the latest Half-Year Financial Report.

Net profit amounted to € 51.7 million, an increase of € 20.8 million (67.4%) compared to the same period in 2020. As at 30 June 2021, social investment projects approved and loans disbursed amounted to € 2.5 billion and € 2.4 billion, respectively.