Methods of Operation. 1. The Bank shall carry out its operations in furtherance of its purpose and functions as set out in Articles 1 and 2 of this Agreement in any or all of the following ways: i) by making or co‑financing together with multilateral institutions, commercial banks or other interested sources, or participating in, loans to private sector enterprises, loans to any state‑owned enterprise operating competitively and moving to participation in the market‑oriented economy, and loans to any state‑owned enterprise to facilitate its transition to private ownership and control; in particular, to facilitate or enhance the participation of private and/or foreign capital in such enterprises; ii) a) by investment in the equity capital of private sector enterprises;
Appears in 1 contract
Sources: Agreement Establishing the European Bank for Reconstruction and Development
Methods of Operation. 1. The Bank shall carry out its operations in furtherance of its purpose and functions as set out in Articles 1 and 2 of this Agreement in any or all of the following ways:
(i) by making or co‑financing co-financing together with multilateral institutions, commercial banks or other interested sources, or participating in, loans to private sector enterprises, loans to any state‑owned enterprise state-owned enter- prise operating competitively and moving to participation in the market‑oriented market-oriented economy, and loans to any state‑owned state-owned enterprise to facilitate its transition to private ownership and control; in particularpar- ticular, to facilitate or enhance the participation of private and/or foreign capital in such enterprises;
(ii) (a) by investment in the equity capital of private sector enterprisesenter- prises;
Appears in 1 contract
Sources: Charter of the Ebrd
Methods of Operation. 1. The Bank shall carry out its operations in furtherance of its purpose and functions as set out in Articles 1 and 2 of this Agreement in any or all of the following ways:
(i) by making or co‑financing co-financing together with multilateral institutions, commercial banks or other interested sources, or participating in, loans to private sector enterprises, loans to any state‑owned state-owned enterprise operating competitively and moving to participation in the market‑oriented market-oriented economy, and loans to any state‑owned state-owned enterprise to facilitate its transition to private ownership and control; in particular, to facilitate or enhance the participation of private and/or foreign capital in such enterprises;
(ii) (a) by investment in the equity capital of private sector enterprises;
Appears in 1 contract
Sources: Agreement Establishing the European Bank for Reconstruction and Development