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
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.
17/11/2023 Klinikum St. Georg gGmbH (Germany) Investing in People and Enhancing Human Capital € 69 700 000 The Project loan will partially finance the construction of a new five-storey hospital building with a total of 344 beds, including new fixed and mobile equipment. The investments will focus on state-of-the-art emergency and intensive care departments, integrated with related diagnostic and therapeutic services. Integration and modernisation of services will allow the hospital to improve both the quality and the efficiency of treatments, while the use of environmentally friendly technologies will reduce the carbon footprint.
17/11/2023 Poste Italiane SpA (Italy) Promoting Inclusive and Resilient Living Environments € 250 000 000 The Public sector Financing Facility (PFF) will part-finance the Borrower’s investment programme during 2022-2026, in particular (1) the improvement of access to and quality of inclusive, essential services in southern regions and small towns of Italy; (2) the improvement of energy efficiency standards in post offices; and (3) co-financing of ‘one-stop shops’ for postal, financial and public administration services in small towns with less than 15 000 inhabitants.
17/11/2023 Malita Investments plc (Malta) Promoting Inclusive and Resilient Living Environments € 7 000 000 An additional Project loan request, increasing the total amount of the loan to €36 million, to allow to expand the project’s scope and construct the estimated number of 748 housing units compared to the 680 initially targeted.
17/11/2023 SCI Campus Pasteur Lille (France) Investing in People and Enhancing Human Capital € 2 500 000 An additional Project loan request, increasing the total amount of the loan to € 23.5 million, to support the completion of the Institut Pasteur de Lille's biomedical research campus transformation project.
17/11/2023 City of Malmö (Sweden) Investing in People and Enhancing Human Capital € 80 000 000 An additional Public sector Financing Facility (PFF) request, increasing the total amount of the loan to € 320 million, to part-finance the City’s budgetary expenditures aimed at constructing new compulsory school buildings, as well as modernising and renovating existing ones across the City of Malmö.
29/09/2023 Larnaca Sewerage and Drainage Board (Cyprus) Promoting Inclusive and Resilient Living Environments € 48 000 000 This Project loan will help connect under-served suburban areas to the integrated urban wastewater network through part-financing of eligible investments for the construction of gravity mains (177 km), domestic connections, 12 pumping stations and their linked pressure pipes as well as the connection pipe to the already established Larnaca wastewater treatment plant. The appropriate wastewater treatment, storage and reuse for irrigation will improve environmental protection and contribute to sustainable management of scarce water resources.
29/09/2023 Brněnské vodárny a kanalizace, a.s. (BVK) (Czech Republic) Promoting Inclusive and Resilient Living Environments € 64 000 000 This Project loan will help connect under-served suburban areas to the integrated urban wastewater network through part-financing of eligible investments for the construction of gravity mains (177 km), domestic connections, 12 pumping stations and their linked pressure pipes as well as the connection pipe to the already established Larnaca wastewater treatment plant. The appropriate wastewater treatment, storage and reuse for irrigation will improve environmental protection and contribute to sustainable management of scarce water resources.
29/09/2023 SG Equipment Leasing Polska sp.z.o.o. (Poland) Supporting Jobs and Economic and Financial Inclusion € 150 000 000 This Programme loan will provide partial financing, in the form of leases, for eligible investments undertaken by MSMEs across the country. Furthermore, the Borrower anticipates allocating at least 15% of CEB funding to female entrepreneurs and female-led firms and 5% towards “green” assets.
29/09/2023 Sector 6 of the Municipality of Bucharest (Romania) Investing in People and Enhancing Human Capital € 72 900 000 This Project loan will partially finance eligible investments for the construction and equipment of the new, medium-sized public hospital building with 257 in-patient beds and 50 short-stay beds. The new hospital will provide both inpatient and outpatient care and surgery, as well as neonatology, gynaecology-obstetrics, cardiology, internal medicine, neurology, and intensive care services, among others.
29/09/2023 Société Publique des Ecoles Marseillaises (France) Investing in People and Enhancing Human Capital € 200 000 000 This Public Sector Financing Facility (PFF) aims at supporting the Borrower in its efforts to upgrade Marseille’s public school infrastructure, by partially financing eligible investments for the renovation, restructuring and construction of 188 public primary schools. The PFF is part of the City of Marseille's “Schools Plan”, which foresees a total investment of minimum 845 million euros over the 2022-2031 period.
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