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
25/03/2024 City of Reykjavik (Iceland) Investing in People and Enhancing Human Capital € 100 000 000 The Public sector Financing Facility (PFF) will support the Borrower to improve the quality of education through the rehabilitation and expansion of the education infrastructure in schools, allowing for a better learning environment, in line with the priorities set in the City’s Education Policy 2030.
25/03/2024 Pekao Leasing Sp. z.o.o. (Poland) Supporting Jobs and Economic and Financial Inclusion € 250 000 000 The Programme loan aims to partially finance eligible investments in fixed assets and productive equipment to support beneficiaries’ core business activities, such as the purchase of motor vehicles for commercial purposes, machinery and equipment, IT and office equipment, in a wide range of sectors such as construction, wholesale trade, industry and manufacturing, retail and agriculture. In addition, the Borrower expects to allocate 15% of CEB loan to "green" assets that contribute to energy consumption reduction and indicates that an additional 5% of the loan will be allocated to the financing of other "green assets”, such as the installation of solar panels.
25/03/2024 3Bank JSC Novi Sad (Serbia) Supporting Jobs and Economic and Financial Inclusion € 6 000 000 The Programme loan aims to support microbusinesses in remote and rural areas in Serbia. In particular, the CEB loan will partially finance eligible investments for agricultural and business loan products, as well as working capital needs.
25/03/2024 Trnava Self-governing Region (Slovak Republic) Promoting Inclusive and Resilient Living Environments € 40 000 000 The Public Sector Financing Facility (PFF) aims to provide long-term and bridge financing to EU funded projects to cover investments in social care, healthcare, education, transportation and social infrastructure planned by the region.
25/03/2024 Comunidad Autónoma de Castilla y León (Spain) Investing in People and Enhancing Human Capital € 140 000 000 The Public sector Financing Facility (PFF) aims to support the Borrower’s efforts to finance the construction, refurbishment and equipment of healthcare facilities in the region. The CEB loan will partially finance, among others, (i) the construction and equipment of a new hospital in Aranda del Duero; a technical block in the hospital of Palencia; and an outpatient building in the hospital of Salamanca; and (ii) the refurbishment and equipment of the existing hospital in Soria, including the installation of a radiotherapy mobile unit for oncological patients.
25/03/2024 Republic of Türkiye (Türkiye) Promoting Inclusive and Resilient Living Environments € 250 000 000 An additional Public sector Financing Facility (PFF) request, increasing the total amount of the loan to € 500 million, to support the Borrower’s efforts in recuperating the delivery of health services, as well as the country’s medium-term efforts to rebuild resilient health facilities impaired by the earthquake.
25/03/2024 Government (Ukraine) Promoting Inclusive and Resilient Living Environments € 100 000 000 The Public sector Financing Facility (PFF) aims to support the Borrower’s efforts at ensuring the right to housing for those whose primary residence was destroyed. In particular, the CEB loan will be used to finance the program set up by the Ukrainian government, enabling eligible beneficiaries to obtain housing certificates to purchase a residential property.
26/01/2024 Partner Microcredit Foundation (Bosnia and Herzegovina) Supporting Jobs and Economic and Financial Inclusion € 3 500 000 Additional Programme Loan amount to Partner Microcredit Foundation, increasing the total amount of the loan to € 7.5 million, to partially finance eligible investments aiming at financing the small-scale energy efficiency investments undertaken by households and microenterprises over the period of 2024-2026. Supporting the lending to low-income households and microenterprises, the programme will improve the comfort of dwellings and reduce the burden of energy bills.
26/01/2024 IREN S.p.A. (Italy) Promoting Inclusive and Resilient Living Environments € 80 000 000 Additional Public sector Financing Facility (PFF) amount to IREN S.p.A., increasing the total amount of the loan to € 160 million, to part-finance eligible investments supporting the Borrower’s budgetary expenditures for the period 2022-2026. The PFF will continue to support the borrower in financing integrated water services, mostly in small and medium-size municipalities in Italy. Investments will contribute to developing a more sustainable use of water resources through leakage reduction, improved quality of drinking water networks, and better sewer treatment systems.
26/01/2024 Republic of Lithuania (Lithuania) Promoting Inclusive and Resilient Living Environments € 57 500 000 The Public Sector Finance Facility (PFF) will co-finance renovation of the public buildings to ensure energy efficiency and accessibility of public services to vulnerable groups, local communities and general public. The PFF will co-finance, together with the Nordic Investment Bank, pre-selected investments in the amount of €184 million in the portfolio of Turto bankas, the Lithuanian Government’s fund responsible for management of state property.
26/01/2024 Comunidad Autónoma de Madrid (Spain) Investing in People and Enhancing Human Capital € 100 000 000 The Public sector Financing Facility (PFF) will partially finance public budgetary expenses on social care programmes, specifically for the expenditure related to the provision of goods and services. The PFF will also part-finance capital investments to upgrade existing social care infrastructure and facilities.
17/11/2023 Republic of Albania (Albania) Investing in People and Enhancing Human Capital € 27 000 000 The Project loan will partially finance the refurbishment of over 600 public schools in Albania to set up Smart Labs for students in their pre- university cycles, including operation and maintenance for the Smart Labs as well as providing teaching and learning support.
17/11/2023 Development Bank of North Macedonia (North Macedonia) Supporting Jobs and Economic and Financial Inclusion € 50 000 000 The Programme loan will allow the Borrower to partially finance, through accredited commercial banks (under an apex arrangement), investments in fixed assets and equipment as well as working capital needs, in order to support business activities mainly in the wholesale and retail trade, services and agri-food processing sectors. The Borrower intends to allocate a minimum of 20% of CEB funds to women entrepreneurs and women-led businesses.
17/11/2023 Microcredit Foundation Horizonti (North Macedonia) Supporting Jobs and Economic and Financial Inclusion € 2 000 000 The Programme loan will part-finance Horizonti's lending activities to micro enterprises in the sectors of agriculture, retail and manufacture to help new or existing micro-entrepreneurs and farmers throughout North Macedonia to set up or expand existing activities. The Borrower expects that at least 80% of end-borrowers will be female entrepreneurs and that at least 20% of the loan proceeds will be allocated to Roma micro-entrepreneurs.
17/11/2023 Bačau Municipality (Romania) Promoting Inclusive and Resilient Living Environments € 26 700 000 This Public Sector Finance Facility (PFF) will part-finance eligible investments aimed at creating a more inclusive and attractive living environment for the residents of Bačau, in particular with the creation of sustainable transport infrastructure, the renovation of three schools and the conversion of a former cinema into an incubator for start-ups and entrepreneurs including a space for community events.
17/11/2023 Sector 5 of the Municipality of Bucharest (Romania) Promoting Inclusive and Resilient Living Environments € 53 000 000 This Public Sector Finance Facility (PFF) will support the municipal investment programme, in particular for the energy modernisation of 88 apartment blocks and the construction of 177 net zero emission social housing units for local young people.
17/11/2023 Slovenská sporiteľňa, a.s. (Slovak Republic) Promoting Inclusive and Resilient Living Environments € 150 000 000 The Programme loan will part-finance revitalisation and modernisation of public and housing infrastructure such as investments in local water treatment and network facilities, waste treatment or public transportation, healthcare, education and rehabilitation of the housing stock. In addition, it will part-finance investments in the field of energy efficiency including the rehabilitation of buildings, insulation of walls, more effective heating equipment and heating distribution networks and energy efficient public transportation.
17/11/2023 Government (Ukraine) Investing in People and Enhancing Human Capital € 100 000 000 The CEB’s loan in the form of Public sector Financing Facility (PFF) will support the Health Enhancement and Life-Saving (HEAL) project, a $500 million framework operation developed by the World Bank. The Loan is targeted to finance activities under four main components: (1) Addressing new and urgent health needs for mental health and rehabilitation; (2) Further improving and strengthening primary health care; (3) Restoring and modernising hospital care in line with reform direction and (4) Supporting capacity-building, digitalisation, and innovations. In terms of concrete activities, this means financing equipment and vehicles to support rehabilitation services; renovation work in facilities providing mental health and rehabilitation services; purchase of equipment and Primary Health Care (PHC) infrastructure restoration and renovation of hospitals with improved energy efficiency.
17/11/2023 Région de Bruxelles Capitale (Belgium) Promoting Inclusive and Resilient Living Environments € 250 000 000 The Public sector Financing Facility (PFF) will partially finance the purchase of 94 electric buses, 90 tram trains and 43 metro trains, as well as the renewal of 63 km of the existing metro and tram networks, including related equipment and infrastructural ad hoc modifications, in an effort to improve service provision and to accelerate the greening of public transport.
17/11/2023 UCPA Sport Vacances ; UCPA Sport Loisirs ; UCPA Patrimoine (France) Promoting Inclusive and Resilient Living Environments € 50 000 000 The Public sector Financing Facility (PFF) loan will part-finance the rehabilitation, improvement and renovation of 15 sport centres and equipment throughout the 2023-2028 period. In particular, the eligible investments will concern the demolition, rehabilitation and reconstruction of several ageing holiday centres, and the demolition, construction and conversion of four multi-sport areas and the purchase of sport facilities and equipment. All centres will be improved in terms of energy efficiency and of accessibility for persons with reduced mobility.
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