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ALM |
Assets and Liabilities Management. |
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Selective Trust Account (STA) |
A special account fed from the CEB's profits and set up in 1995 for the purpose of granting interest rate subsidies for projects concerned with the Bank's priority objectives and having a high social content. It can also be used for grants approved by the Administrative Council. |
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CEB |
Council of Europe Bank. Acronym of the "Council of Europe Development Bank". |
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Outstanding |
The amount of loans disbursed and not yet repaid. |
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Loan disbursed |
A loan effectively paid over to the borrower. |
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Project approved |
A project presented to the Administrative Council and approved for financing. |
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Policy for loan and project financing (2006) |
The Policy for loan and project financing (2006) is the reference text for all the activities relating to the examination, approval, financing and monitoring of the projects submitted to the Bank. |
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Loan tranche |
Loans are disbursed in several instalments, according to the progress of the works and up to the maximum amount authorised by the Administrative Council. |
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