CEB, partner organisations kick-off second phase of Western Balkans Investment Framework

16 juin 2016

OSLO –The Council of Europe Development Bank (CEB) and other participating institutions finalised a new operational framework to enable the Western Balkans Investment Framework (WBIF) to continue operations after a three-year review.

The Adherence Agreements and accompanying documentation were signed on 16 June at the Steering Committee meeting hosted by Norway’s EEA and EU Affairs Minister, Ms Elisabeth Aspaker, in Oslo.

The WBIF was established in 2009 as a multilateral initiative of the EU, international Financial Institutions (IFIs), bilateral donors and the governments of the Western Balkan countries. It finances investment projects to improve infrastructure, foster socio-economic development and speed up EU accession in the Western Balkan countries.

The CEB is one of the founding members of the WBIF. To date, the Bank has approved 19 projects supporting the objectives of the WBIF, with a loan value close to € 500 million and a total project value of almost € 1 billion. Another € 52 million in technical assistance and investment grants from WBIF were blended with these loans.

Six of the CEB member countries are beneficiaries of the WBIF: Albania, Bosnia and Herzegovina, Kosovo, Montenegro, Serbia and “the former Yugoslav Republic of Macedonia.”

The CEB’s present lending to the Western Balkans countries exceeds € 800 million.


Fondée en 1956, la CEB (Banque de Développement du Conseil de l'Europe) compte 41 États membres, dont 22 pays d'Europe centrale, orientale et du Sud-Est formant les pays cibles de la Banque. En tant qu'instrument majeur de la politique de solidarité en Europe, la Banque finance des projets sociaux en mettant à leur disposition des ressources levées dans des conditions reflétant la qualité de sa notation (Aa1 auprès de Moody's, perspective stable, AA+ auprès de Standard & Poor's, perspective stable et AA+ auprès de Fitch Ratings, perspective stable). Elle accorde des prêts à ses États membres, à des établissements financiers et à des autorités locales pour le financement de projets dans le secteur social, conformément à son Statut.