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Germany and the EBRD
Germany is a founding member of the EBRD, with an 8.52 per cent capital share and a representative on the Board of Directors.
| Capital share | 8.52% |
|---|---|
| Donor funds supporting EBRD operations | €66 million |
| German - EBRD investments | €19.58 billion |
Donor funding
In 2012 Germany made important contributions to several funds: it provided over €1.8 million to the European Western Balkans Joint Fund, €0.5 million to the ETC Fund, and €3 million to NDEP. It also provided critical support for small business development in Ukraine through the Bank’s Enterprise Growth Programme.
Co-financing
Germany is one of the strongest sources of foreign direct investment in the EBRD countries of operations. As of January 2013 the value of joint EBRD-German investments stood at €19.58 billion, of which the Bank’s portion was €10.31 billion and Germany’s was €9.27 billion. Adding in further investment from other sources, the total value of projects with German-EBRD involvement was €53.51 billion.
Consultancy services and procurement
In 2012, German consultants were awarded 9 consultancy contracts totalling €23 million.
Cooperation with German banks
German banks are also involved in the Trade Facilitation Programme (TFP), through which the EBRD guarantees the payment of trade finance instruments (such as letters of credit or payment guarantees) issued by banks in the EBRD’s countries of operations to foreign confirming banks.
CONTACTS
Office of the Board Director for Germany
Joachim Schwarzer, Director
Tel: +44 20 7338 6462 Fax: +44 20 7338 6486
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