the council of europe development bank french ceb banque de d veloppement du conseil de l europe dates from 1956 when the council of europe established the resettlement fund for national refugees and over population in europe as a partial agreement . in 1994 it changed its name to the council of europe social development fund before becoming the council of europe development bank in 1999 . 1 situated in paris the bank is a separate legal entity and is autonomous in its decision making . it has an excellent credit rating from moody s 2 standard and poor s. 3 and fitch ratings . 4 the original aim was to help refugees and other displaced persons after the second world war . it later expanded its scope of activities to include assistance to disaster victims help with job creation and improve social infrastructure . its aim today is to promote social cohesion in its member states . the ceb acts as a development bank granting loans to member states . in 2014 its assets stood at 25.5 billion euros which it uses to co finance projects by means of loans of up to 40 % of the project cost . the current governor is rolf wenzel born in 1954 of german nationality . membership edit there are currently 41 member states as follows map of the member states . founder countries members albania belgium bosnia and herzegovina bulgaria croatia cyprus czech republic denmark estonia finland france georgia germany greece holy see hungary iceland ireland italy kosovo latvia liechtenstein lithuania luxembourg macedonia malta moldova montenegro netherlands norway poland portugal romania san marino serbia slovakia slovenia spain sweden switzerland turkey the only development bank member states that are not member of the council of europe are the holy see and kosovo . external links edit council of europe development bank activities and orientations of the council of europe development bank ceb recommendation 1818 2007 1 of the parliamentary assembly of the council of europe references edit social development fund decision concerning the change of the name of the institution http uk.reuters.com article 2011 09 08 idukl3e7k81fr20110908 http www.reuters.com article 2012 12 27 iduswnb264420121227 fr fitch ratings retrieved from https en.wikipedia.org w index.php title council of europe development bank & oldid 734662340 categories supranational banksinternational development multilateralsmultilateral development bankscouncil of europehidden categories articles containing french language text navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages deutschespa olfran aispolskirom n edit links this page was last modified on 15 august 2016 at 21 34 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view