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Annual report 1997: Annual review and Financial report
The doubling of the EBRD’s capital base to ECU 20 billion became effective in
April, demonstrating shareholders’ commitment to the Bank’s mandate. The EBRD
signed 108 projects with a total value of ECU 2.3 billion. The Bank expanded
its nuclear safety role by becoming administrator of the donor-funded
Chernobyl Shelter Fund, which became operational in December 1997.
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