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
25/09/2020 Raiffeisen Leasing Romania IFN SA (Romania) Inclusive growth € 15 000 000 An additional loan request of €15 million for an increase of LD 1943 (2017) to a total amount of €65 million to part-finance individual loans and lease contracts to MSMEs for the realisation of productive investments, including the acquisition of vehicles, machinery and equipment as well as office and production premises.
25/09/2020 Comunidad Autonoma de Madrid (Spain) Inclusive growth
Support for vulnerable groups
€ 200 000 000 An additional loan request of €200 million for an increase of LD 1965 (2018) to a total amount of €400 million to part-finance public budgetary expenses on social care programmes and specifically expenditure related to the maintenance and upgrade of residential and non-residential care homes, day centres, apartments and canteens as well as the provision of support programmes and specialised assistance.
25/09/2020 Government of the Principality of Andorra (Andorra) Inclusive growth € 12 000 000 This €12 million Public sector Financing Facility will part-finance extraordinary expenditures resulting from the Covid-19 crisis such as the purchase of supplementary medical and pharmaceutical supplies, the acquisition of medical equipment and intensive care beds as well as salaries and overtime payments for new and existing medical and non-medical staff.
25/09/2020 Government (Montenegro) Inclusive growth € 40 000 000 This €40 million Programme loan will part-finance working capital requirements and investment loans to support the Montenegrin Government in its efforts to mitigate the impact of the Covid-19 pandemic on its economy and particularly in the severely hit MSME sector.
25/09/2020 Comunidad Foral de Navarra (Spain) Support for vulnerable groups € 50 000 000 This €50 million Public sector Financing Facility will part-finance Navarra’s public budgetary expenses on social care programmes and specifically expenditures on social care activities.
25/09/2020 UKE Immobilien-Verwaltungs GMBH & CO. KG (Germany) Inclusive growth € 180 000 000 This €180 million Project loan will part-finance the construction of two new medical buildings and the expansion of the research campus, benefitting the general population of Hamburg and its periphery.
25/09/2020 Municipality of Milan (Italy) Inclusive growth
Environmental sustainability
€ 50 000 000 This €50 million Public sector Financing Facility will part-finance eligible investments in areas such as strengthening the mobility system, regenerating and requalifying public spaces and upgrading municipal schools, public and social housing buildings.
03/07/2020 ProCredit Bank Serbia (Serbia) Inclusive growth € 20 000 000 An additional request for an amount of €20 million for an increase of LD1962 (2018) to a total amount of €50 million to part-finance investments to primarily support urgent working capital requests following unprecedented liquidity shortages brought on by the COVID-19 pandemic.
03/07/2020 Republic of Lithuania (Lithuania) Inclusive growth € 100 000 000 An additional request for an amount of €100 million for an increase of LD 2035 (2020) to a total amount of €200 million to part-finance the purchase of personal protective equipment, reagents, medical and other equipment and consumables, as well as the increase in the capacity of remote learning and mobility, through the acquisition and lease of computers, in order to support the Lithuanian Government to cope with the challenges posed by COVID-19 and tackle its economic consequences.
03/07/2020 Ente Ospedaliero Ospedali Galliera (Italy) Inclusive growth € 75 000 000 This €75 million Project loan will part-finance the construction of the New Galliera Hospital, in replacement of the current historical complex, which dates back to 1888, complying with the highest European standards in terms of accessibility and services provided.
03/07/2020 Kaunas Bus Company (Kauno Autobusai) (Lithuania) Inclusive growth
Environmental sustainability
€ 21 500 000 This €21.5 million Public sector Financing Facility will part-finance eligible investments to improve the quality and environmental sustainability of public transport by co-financing the modernisation of the city’s bus fleet.
03/07/2020 Republic of San Marino (San Marino) Inclusive growth € 10 000 000 This €10 million Public sector Financing Facility will part-finance the extraordinary expenditures to carry out the reorganisation of San Marino Hospital and to isolate wards, supporting the Government of San Marino to respond to emergency needs following the COVID-19 outbreak. Expenditures will include the purchase of medical and pharmaceutical supplies and consumables, and the acquisition of medical equipment.
03/07/2020 City of Uppsala (Sweden) Inclusive growth
Support for vulnerable groups
€ 100 000 000 This €100 million Public sector Financing Facility will part-finance investment expenditures in the education sector, including the construction of new education facilities, as well as the restoration, renovation or extension of existing facilities, including sport facilities. Reconstruction works will target premises’ expansion to accommodate more pupils, as well as the adoption of energy efficient measures.
12/05/2020 Government (Serbia) Inclusive growth € 200 000 000 Support to the Serbian Government in the acquisition of medical supplies and equipment necessary to mitigate the effects of the COVID-19 virus during the critical onset phase of the crisis.
12/05/2020 Government (Greece) Inclusive growth € 200 000 000 Support to the Greek Government in its effort to provide adequate medical assistance to those affected by COVID-19 and rapidly address the health emergency situation caused by the virus outbreak in the country.
12/05/2020 Government (Latvia) Inclusive growth
Support for vulnerable groups
€ 150 000 000 Support to the Latvian Government in its efforts to contain the outbreak and slow the spread of COVID-19, ease the budgetary pressure on the public health care sector, to support vulnerable groups and to ensure the continuity of essential services.
12/05/2020 Government (Croatia) Inclusive growth € 200 000 000 Support to the Croatian Government in its efforts to mitigate the spread and consequences of COVID-19, to safeguard the availability of medical services, to provide the necessary pharmaceutical products, medical supplies and protective equipment, as well as to support local authorities to compensate for lost non-tax revenues.
12/05/2020 Authorities (Kosovo) Inclusive growth € 35 000 000 To support the Kosovar authorities to respond to emergency needs following the COVID-19 outbreak.
12/05/2020 Government (Estonia) Inclusive growth € 200 000 000 Support to the Estonian Government in its efforts to mitigate the negative effects of the COVID-19 crisis, maintain the viability of the businesses, encourage continued investments and create more demand in the economy.
12/05/2020 Government (Türkiye) Inclusive growth € 200 000 000 Support to the Turkish Government in its efforts to mitigate the spread and consequences of COVID-19 and to ensure the availability and continuity of essential public health services.