The Council of Europe Development Bank (CEB, French: Banque de Développement du Conseil de l'Europe) is a multilateral development bank, granting loans to member states to help disaster victims, help with job creation, and improve social infrastructure.

[2] Its origins go back to 1956 when the Council of Europe created its Resettlement Fund for National Refugees and Over-Population in Europe (French: Fonds de rétablissement du Conseil de l'Europe pour les réfugiés), which was renamed as the Council of Europe Social Development Fund (French: Fonds de développement social du Conseil de l'Europe) in 1994 and eventually as the CEB in 1999.

It is a separate legal entity from the Council of Europe and is autonomous in its decision-making.

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.