Ireland: EBRD shareholder profile

Coast in Ireland

Ireland is helping to improve people’s lives and environments in the EBRD’s countries of operations through generous funding for a wide range of projects.

Ireland and the EBRD: at a glance
€5mn donor funds supporting EBRD operations
0.3% capital share
€2.99bn Ireland-EBRD investments

Through its technical cooperation (TC) fund, Ireland has provided over €5 million in donor funds. Ireland is one of the founding members of both the Early Transition Countries (ETC) Fund and the European Western Balkans Joint Fund (EWBJF). Key areas of Irish support are financial institutions, power and energy, and the EBRD Advice for Small Business programme.

Ireland is an important source of foreign direct investment in the EBRD’s countries of operations. The value of joint Ireland-EBRD investment stood at €2.99 billion as of January 2017. EBRD finance accounted for €1.92 billion of this total and Irish investment accounted for €742 million.

Ireland-EBRD investment has been strong in Poland with 50 per cent of total joint investments, followed by Hungary with 22 per cent and regional joint investments at 18 per cent. Broken down by sector, 49 per cent of joint Ireland-EBRD investment has been in industry, commerce and agribusiness, 20 per cent in energy, 16 per cent in infrastructure and 15 per cent in financial institutions.

Irish banks are also involved in the Trade Facilitation Programme, through which the EBRD guarantees the payment of trade finance instruments issued by banks in EBRD countries of operations to foreign confirming banks. Through the Programme, the EBRD has supported 38 export and import transactions of Irish companies totalling €77.1 million. Of the over 800 foreign confirming banks and bank branches that participate in the Programme, five are Irish.

In 2016, Irish consultants won 41 consultancy contracts totalling over €739,000. Areas of expertise included the information and communication technologies and financial institutions sectors.