The Czech Republic is a member of the EBRD with a 0.85 per cent share. Originally a country of operations, the Czech Republic graduated in 2008 and is now an important source of donor funding and foreign direct investment.
Czech Republic and the EBRD: at a glance
€22.1mn donor funds supporting EBRD operations
0.85% capital share
€1.2bn Czech Republic-EBRD investments
Geographically, the Western Balkans and the Eastern Partnership countries are the two priority regions and, in this context, the Czech Republic participates in the activities of the Western Balkans Investment Framework (WBIF).
In 2013, the Czech Republic extended its cooperation further by becoming a contributor to the Eastern Europe Energy Efficiency and Environment Partnership Fund (E5P).
Czech Republic-EBRD investment has been strong in Hungary with 41 per cent of total joint investments, followed by Slovak Republic with 37 per cent and Bulgaria with 22 per cent. Broken down by sector, 32 per cent of the joint Czech Republic-EBRD investments has been in industry, commerce and agribusiness, 32 per cent in energy, 26 per cent in financial institutions and 10 per cent in infrastructure.
Czech banks are also involved in the Trade Facilitation Programme (TFP), through which the EBRD guarantees the payment of trade finance instruments issued by banks in the EBRD’s countries of operations to foreign confirming banks. Through the Programme, the EBRD has financed 129 export and import transactions of Czech companies totalling €62.4 million. There are 10 confirming banks from the Czech Republic participating in TFP.
In 2015, Czech consultants won 20 consultancy contracts totalling over €2.7 million. The main areas of expertise were in the sustainable energy, municipal infrastructure, transport and financial institutions sectors.