BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
The EBRD is an international financial institution. EBRD stands for
A
European Basel for Reconstruction and Development
B
European Bank for Reconstruction and Department
C
European Bank for Reconstruction and Development
D
English Bank for Reconstruction and Development
Explanation: 

Detailed explanation-1: -European Bank for Reconstruction and Development (EBRD), organization established in 1991 to develop a private business sector in the countries of central and eastern Europe after the collapse of communism in the region. The EBRD provides project financing for banks, industries, and businesses in the private sector.

Detailed explanation-2: -The history of the European Bank for Reconstruction and Development (EBRD) English.

Detailed explanation-3: -European Bank for Reconstruction and Development.

Detailed explanation-4: -The term European Bank for Reconstruction and Development (EBRD) refers to a financial institution established in 1991. The organization was developed to help Eastern European and ex-Soviet countries transitioning into democracies by developing free-market economies after the fall of communism.

Detailed explanation-5: -The EBRD was created in April 1991 to ‘foster the transition towards open market-oriented economies and to promote private and entrepreneurial initiative’. Since then we have invested over €180 billion in more than 6, 500 projects across three continents.

There is 1 question to complete.