The social development bank in Europe

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All CEB loans are granted in accordance with the Bank’s mandate. They have to meet specific technical and social criteria, and be in strict conformity with the Bank’s environmental, procurement and compliance guidelines and policies.

The sectoral lines of action underpin the CEB’s three-year development plan, which forms the Bank’s medium term strategy. The four lines of action set out in the Development Plan for the period 2014-2016 (namely: Strengthening social integration; Managing the environment; Supporting public infrastructure with a social; vocation; Supporting micro-, small and medium sized enterprises) were revised in three (namely: Sustainable and inclusive growth; Integration of refugees, displaced persons and migrants; Climate action: developing mitigation and adaptation measures) as part of the Development Plan 2017-2019, corresponding to the new strategic priorities established by the CEB to better support the social policies of its member countries.

Latest projects approved:

DateBorrowerLine of actionAmountSummary
25/01/2019Republic of Cyprus (Cyprus)Sustainable and inclusive growth
Climate action: developing adaptation and mitigation measures
€ 40 000 000This €40 million loan will part-finance investments to enhance water supply systems, ensuring part of the current and future potable water needs in Cyprus, through building the infrastructure for the conveyance of potable water. Final beneficiaries will be the inhabitants of Cyprus, directly benefitting approximately 400 000 inhabitants, or 42% of the total population.
17/06/2016Government (Cyprus)Supporting public infrastructure with a social vocation€ 32 000 000Supporting the extension and modernisation of the University of Cyprus.
17/09/2010Municipality of Nicosia (Cyprus)Strengthening social integration€ 40 000 000Partial financing of urban investment, infrastructure upgrading and rehabilitation projects in the centre of the City of Nicosia and its surroundings. The project is expected to have positive effects on the economic development, living conditions and social cohesion of the city's inhabitants by facilitating access to credit for the upgrade of local infrastructure.
10/06/2010Government (Cyprus)Supporting public infrastructure with a social vocation€ 95 000 000Partial financing of projects to refurbish and upgrade schools in order to respond effectively to modern education requirements. The project, comprising the construction, extension and rehabilitation of school infrastructure provides support to government strategies in the education field through actions to, inter alia, increase capacity, allow better access for handicapped students and improve safety through anti-earthquake measures.
20/05/2010Sewerage Board of Limassol - Amathus (Cyprus)Managing the environment€ 130 000 000Partial financing of environmental investments in the greater Limassol area. The main objective of the project is to upgrade and expand the existing infrastructure in order to create additional capacity and improve the system's reliability and well as to extend drainage and sewerage networks and treatment facilities to surrounding areas.