Council of Europe Development Bank

Founded in 1956, the Council of Europe Development Bank (CEB) is the oldest multilateral development bank in Europe. It operates as a key instrument of solidarity policy in Europe, with a primary mission to finance social projects to strengthen social cohesion across its 43 member countries. The CEB is a separate legal entity from the Council of Europe but maintains a close relationship. It provides loans to its member states to support projects in sectors such as social housing, education, health, and support for refugees, migrants, and displaced persons, thereby contributing to sustainable and inclusive growth.