All CEB loans must be approved by the Bank's Administrative Council in accordance with the Bank’s social mandate. All loan projects 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 five-year development plan, which forms the Bank’s medium term-strategy. The current Strategic Framework organises these lines into: Investing in people and enhancing human capital; Promoting inclusive and resilient living environments and Supporting jobs and economic and financial inclusion corresponding to the new strategic priorities established by the CEB to better support the social policies of its member countries.

An exhaustive list of projects approved since 2010 is below. For more insights and impact stories of CEB social investment projects, see our Projects in focus.

List of projects approved

Date Borrower Line of action Amount Summary
18/11/2021 Municipality Credit Iceland (MCI) (Iceland) Inclusive growth
Environmental sustainability 		€ 20 000 000 Programme loan to support the improvement of living conditions in urban and rural areas through co-financing investments to revitalise and modernise both urban and rural public infrastructure, to improve public services and to support energy efficiency investments.
18/11/2021 University of Latvia (UL) (Latvia) Inclusive growth € 15 000 000 Project loan to support the construction of two additional buildings (House of Health and House of Sports) at the university campus, as well as investments aiming at improving energy efficiency.
18/11/2021 Stichting Nationaal Warmtefonds (National Heating Fund Foundation/NWF) (Netherlands) Environmental sustainability € 200 000 000 Additional loan request, increasing the total amount of the loan to €450 million, to support the NWF energy savings programme in financing its 3rd phase and to continue the energy transition programme within the Netherlands.
18/11/2021 Roma Education Fund Romania (Romania) Inclusive growth
Support for vulnerable groups 		€ 1 000 000 Additional loan request, increasing the total amount of the loan to €3 million, to bridge finance the temporary treasury gaps and to facilitate the implementation of three new EU-funded education projects.
18/11/2021 Government (Serbia) Inclusive growth € 20 000 000 Project loan to finance investments related to the reconstruction of two training centres equipped with civil and recreational aviation facilities, as well as student accommodation; the procurement of aircraft equipment for training and simulation purposes; the digitalisation of teaching and training processes as well as the purchase of means of transport.
18/11/2021 Slovenská záručná a rozvojová banka, a.s. (SZRB) (Slovak Republic) Inclusive growth € 60 000 000 Programme loan to support the Borrower in its efforts to ease the access to financing for MSMEs and regional and local entities, with a focus on funding sub-projects mindful of protecting the environment.
18/11/2021 Slovene Export and Development Bank (SID Banka) (Slovenia) Inclusive growth
Environmental sustainability 		€ 50 000 000 Programme loan to support the improvement of living conditions in urban and rural areas through co-financing investments in revitalisation and modernisation of both urban and rural public infrastructure.
18/11/2021 Housing Fund of Republic of Slovenia (HFRS) (Slovenia) Inclusive growth € 70 000 000 Project loan to partially finance the construction of buildings with underground or surface parking, it may also be used to finance related public utility infrastructures, access and on-site roads, landscaping and other related works.
18/11/2021 Xunta de Galicia (Spain) Inclusive growth € 85 000 000 Project loan to partly finance the construction, expansion and upgrading of existing hospitals in the cities of Ferrol and Pontevedra, as well as the acquisition of medical equipment, the increase in number of beds and the provision of currently unavailable medical services, such as nuclear medicine or paediatric intensive care.
24/09/2021 Sociedad Pública de Infraestructuras y Medio Ambiente de Castilla y León S.A. (Spain) Environmental sustainability € 50 000 000 A Public sector Financing Facility to support the authorities in their efforts to improve the environment and the quality of life of citizens by building wastewater treatment plants and improving drinking water supply to municipalities in the protected natural area of Sierra de Francia.
24/09/2021 Autonomous Region of Madeira (ARM) (Portugal) Inclusive growth € 15 870 000 Support for the construction of the new Madeira Central Hospital, replacing the current two-site complex and providing Madeira’s resident population and visitors with improved quality and access to public healthcare services.
24/09/2021 PKO Leasing (Poland) Inclusive growth € 200 000 000 Support for the creation of permanent and seasonal jobs in Poland, as well as the preservation of existing ones, by facilitating access to financial resources for micro, small and medium-sized enterprises.
24/09/2021 The Lituanian Central Credit Union (Lithuania) Inclusive growth € 4 000 000 Support of the creation and preservation of jobs in Lithuania by facilitating access to financial resources for micro entrepreneurs.
24/09/2021 Leipziger Wohnungs-und Baugesellschaft MBH (Germany) Inclusive growth € 100 000 000 Extension of a project approved in 2019 to part-finance eligible investments for the construction and refurbishment of some 875 additional rental units.
24/09/2021 Národní rozvojová banka, A.S. (Czech Republic) Inclusive growth € 50 000 000 A Programme Loan to improve living conditions by co-financing investments to revitalise and modernise both urban and rural public infrastructure and to provide bridge, medium- and long-term financing to public or private entities operating in the sectors of environmental protection.
24/09/2021 Republic of Cyprus (Cyprus) Inclusive growth € 65 500 000 A Public sector Financing Facility to support the Cypriot Government’s education priorities, focusing on enhancing safety of school buildings against seismic risks, increasing capacities of schools and improving energy efficiency.
22/06/2021 Câmara Municipal de Lisboa (Portugal) Inclusive growth € 30 000 000 A Public sector Financing Facility to support the Municipality of Lisbon in its effort to provide adequate medical assistance to those affected by Covid-19 and to alleviate the impact of the crisis on the local businesses, cultural entities and social enterprises.
10/06/2021 Republic of Albania (Albania) Inclusive growth € 60 000 000 A Public sector Financing Facility to support the Albanian government in its efforts to mitigate the effects of the Covid-19 pandemic by providing medical services, consumables, vaccines and equipment to those affected by the virus.
10/06/2021 REDI Economic Development SA (Luxembourg) Inclusive growth
Support for vulnerable groups 		€ 3 000 000 A Programme loan to improve access to funding for entrepreneurs in Roma communities in Bulgaria, North Macedonia, Romania and Serbia. The project aims to enhance economic activity in and beyond Roma communities, support employment and creation of job opportunities, build self-reliance and encourage commercial links between the Roma and the usual market networks.
10/06/2021 Warsaw School of Economics (Poland) Inclusive growth € 15 555 556 A Project loan to improve and increase the access to and quality of the public university education and research in economics in Poland through capital investments in the state university infrastructure.
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