Good results for 2010

Although it is as yet unaudited, the CEB’s net profit should come close to € 116 million, up 8.2% compared to 2009. This positive result, achieved despite turbulence in the financial markets, is the result of the Bank’s rigorous risk management and strict adherence to its prudential ratios. In addition, the Bank’s AAA rating was confirmed by the three major rating agencies in the second half of 2010.

In total, € 2.3 billion worth of projects was approved, including 50% in favour of strengthening social integration, 25% for environmental management and 25% in support of public infrastructure with a social vocation. In line with the level reached in 2009, loan disbursements amounted to € 1.8 billion, including 59% in the CEB’s target group countries.