European Bank for Reconstruction and Development (EBRD) When was it established? The EBRD was established in April 1991 in London, only two years after the fall of the berlin wall. The EBRD was created initially to support the transition of former Soviet states out of communism and into market economy.

07/02/2022 · European Bank for Reconstruction and Development (EBRD) Established to promote the transition to market-oriented economies in countries committed to multiparty democracy, the EBRD’s lending often destroys nature and harms communities by failing to conduct proper human rights due diligence and informed public participation.