Luxembourg: EBRD shareholder profile

Cityscape in Luxembourg

Luxembourg is a founding member of the EBRD and an important contributor to the Bank's work.

Luxembourg and the EBRD: at a glance
€40mn donor funds supporting EBRD operations
0.2% capital share
€4.68bn Luxembourg-EBRD investments

To date, Luxembourg has provided €40 million in donor funds. Luxembourg contributes to legal transition and policy dialogue programmes, financial sector development, gender equality, social inclusion, agribusiness and energy and environmental sustainability. In 2015, Luxembourg replenished its bilateral fund by €1.4 million and continues to support the Early Transition Countries (ETC) Fund with an additional €250,000.

During 2016, Luxembourg TC funds have been committed to support the Western Balkans Financial Law Programme and Women in Business Programme in the Western Balkans.

Luxembourg is an important source of foreign direct investment in the EBRD’s countries of operations. The value of joint Luxembourg-EBRD investment stood at €4.68 billion as of January 2017.  EBRD finance accounted for €3.04 billion and Luxembourg investment accounted for €1.64 billion.

Luxembourg-EBRD investment has been strong in Hungary with 40 per cent of total joint investments, followed by regional joint investments with 39 per cent and in Romania with 21 per cent. Broken down by sector, 41 per cent of joint Luxembourg-EBRD investment was in industry, commerce and agribusiness, 24 per cent in infrastructure, 18 per cent in financial institutions and 17 per cent in energy.

Luxembourgian banks are also involved in the Trade Facilitation Programme, through which the EBRD guarantees the payment of trade finance instruments issued by banks in its countries of operations to foreign confirming banks. Through the Programme, the EBRD has supported 44 export and import transactions of Luxembourgian companies totalling €20.5 million.

In 2016, consultants from Luxembourg won 11 consultancy contracts totalling over €173,000, including 7 contracts valued at of over €102,000 awarded by the EBRD’s Small Business Support for the provision of specialist industry and management advice.