Private company

Council of Europe Development Bank

Logo: coebank.org4

International lending institution

The Council of Europe Development Bank (CEB, French: Banque de Développement du Conseil de l'Europe) is a multilateral development bank, granting loans to member states to help disaster victims, help with job creation, and improve social infrastructure. As of 2020, its assets stood at 28 billion euros, which it uses to co-finance projects by means of loans of up to 40% of the project cost.2 It is headquartered in Paris.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

Apr 16, 1956Founded1
  • HeadquartersParis1
  • Websitewww.coebank.org
  • Legal formMULTILATERAL DEVELOPMENT BANK3
  • Kind of organizationInternational organization1
  • LEI549300UYNXMI821WYG823
  • StatusActive3
  • LEI statusIssued and current3
  • Registered address55, AVENUE KLEBER, 75116 Paris, France3
Paris Kleber 55
Photo: Boubloub, CC0, via Wikimedia Commons6

The Council of Europe Development Bank (CEB, French: Banque de Développement du Conseil de l'Europe) is a multilateral development bank, granting loans to member states to help disaster victims, help with job creation, and improve social infrastructure. As of 2020, its assets stood at 28 billion euros, which it uses to co-finance projects by means of loans of up to 40% of the project cost.2

The story

The CEB dates from 1956, when the Council of Europe established the Resettlement Fund for National Refugees and Over-Population in Europe as a Partial Agreement. In 1994, it changed its name to the Council of Europe Social Development Fund, before becoming the Council of Europe Development Bank in 1999.

The original aim was to help refugees and other displaced persons after the Second World War. It later expanded its scope of activities to include assistance to disaster victims, help with job creation, and improve social infrastructure. Its aim today is to promote social cohesion in its member states.

From Wikipedia’s article on Council of Europe Development Bank, shared under CC BY-SA 4.0.5

Timeline

  1. Apr 16, 1956Founded Founded1