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Will EBRD be able to fund new projects in the next 6-12 months and what will be funding / investment criteria?

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Huw Williams
Associate Director – Equity at European Bank for Reconstruction and Development
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Will EBRD be able to fund new projects in the next 6-12 months and what will be funding / investment criteria?
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Huw Williams
Associate Director – Equity at European Bank for Reconstruction and Development

Huw has over 30 years of experience investing in emerging and frontier markets. He qualified as a Chartered Accountant and then spent 16 years with CDC Group plc, mainly in Africa, before joining Actis, a private equity fund manager. Since 2008 he has worked for EBRD's equity team, investing mainly in the former Soviet Union and East, Central and Southern Europe.

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Huw will confirm EBRD remains willing and able to finance new projects, despite Covid-19, and sets out EBRD's investment criteria.

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So I'm relying on you you from Hewitt ins from the ebrd who's going to be talking about their investment criteria for new projects? Play the Roz. I will try and get through my I lost its loss in less than 10 minutes, but the short version for those who are interested is yes, we're open for finance and I'll criteria have not changed. Sorry, I'm having a thank you very much. Ride so fast, we'll talk about Kevin 19 then for those who don't know a little bit. Maybe I'll DNR natural resources cheaper than that. So what is strapped me today about Kevin is it

doesn't seem to have had very much impact as well on the mine is in a tweet. We've had Central Asian Mentalist talking about mines continue to operate very smart and convenience on the drilling side and Ben was talking about different scenario as one of which was just a bump in the road. And that seems to be how the world is treating it at the moment. The S&P 500 is only down 5% this year and the mining heavy ones Toronto estrangement down 10% This is not the end of civilization as we know it which is what some of the press reports

might have you thinking. I think the longer term economic impact is yet to be fully understood. Sorry from a dvi-d point of view. We we are international financial institution provide around 10 billion euros a finance every year and when The Cove at hits we instantly allocated 1 billion as available for existing clients who might have liquidity needs a man

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MINEX Central and Eastern Europe, MINEX Western & Northern Europe, MINEX Southern Europe materials (3 June, 1 and 2 July 2020)

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