In 2024, the Council of Europe Development Bank (CEB) provided essential support to its member countries, painstakingly delivering on its mandate and firmly asserting its role as Europe’s social development bank of choice. (Lire la version française)
The CEB has been mobilising its resources and expertise to support member states and their citizens in responding to ongoing interwoven challenges. This Report presents highlights of the year, summarising key projects and actions in 2024 as the CEB delivered on its mission of promoting social cohesion. (Lire le Rapport du Gouverneur 2024 en français)
44 projects
in 22 countries
27 projects
15 countries
€1 bn since 1995
of which €64 mn from EU
Total 2017-24
Social Inclusion Bonds
Geopolitical shifts and global trade tensions, together with low productivity growth and stretched public budgets, continued to cast a shadow over Europe’s economy in 2024. Nevertheless, the CEB was able to build on its strong 2023 performance and consolidate its position as the social development bank for Europe.
See Map of CEB operations in 2024.
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The CEB’s Strategic Framework 2023-2027 sets the path along which the Bank pursues its social mandate. In 2024, the Bank’s total volume of loan approvals of €4.5 billion across 44 new loan projects were in line with the annual target established for the five-year implementation period.
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The CEB’s loan approvals of €4.5 billion across 44 new loan projects in 2024 were in line with the Strategic Framework, which lays out three lines of action for the CEB’s operations over five years:
Gender, climate change and digitalisation are cross-cutting considerations in all three lines of action.
Partnerships help maximise the CEB’s effectiveness as Europe’s social development bank. They are also vehicles for sharing knowledge and best practices, and underpin multilateral action.
The CEB recorded a solid financial performance, with audited results for the financial year 2024 showing a net profit of €124.3 million, 13.8% higher than in 2023.