EBRD Trade Facilitation Programme (TFP) – Objectives and Achievements Rudolf PUTZ Vienna, 26 September 2017

Where we invest

EBRD TFP – Exports from Austria to Georgia An Austrian exporter sells snow making equipment to Georgia TBC Bank, Georgia issues a confirmed letters of Credit for total value EUR 2,280,820.74 with post-financing by Raiffeisen Bank, Austria EBRD covers 100% of the political and commercial payment risk

TFP Deal of the Year 2016 Import of a floating dock from Ukraine A shipyard in Limassol, Cyprus, imports a floating dock from Ukraine Bank of Cyprus issues an L/C to ING Belgium SA/NV with a tenor of 1 year The EBRD TFP guarantee covers 100% of the payment risk of the Issuing Bank in Cyprus to the Confirming Bank in Belgium

EBRD Trade Facilitation Programme Annual Business Volumes 1999 – 2016 22

TFP – 1, 359 Transactions in 2016 Ranking No of Transactions by Country Ukraine Armenia Serbia Cyprus Belarus Greece Georgia Mongolia Egypt Morocco Turkey FYR Macedonia Bulgaria Croatia Romania Moldova Jordan Azerbaijan Tajikistan Kyrgyz Republic Tunisia Montenegro Bosnia and Herzegovina Kosovo 18

EBRD TFP – Top 20 Confirming Banks Ranked by Number of Transactions in 2016 Commerzbank KBC Bank Deutsche Bank ING Bank BHF Bank Unicredit Bank Citibank Intesa Sanpaolo Banca Popolare Di Sondrio Raiffeisen Bank Credit Suisse UBS Societe Generale Credit Agricole DZ Bank Banco de Sabadell Rabobank International Danske Bank Skandinavska Enskilda Banken Arab Bank 20

EBRD TFP – Co-Financing Partners ACE Global Markets (AGM) & Lloyds of London AKA Bank, Germany Arab Trade Finance Program, Abu Dhabi Confirming Banks Donor Risk Sharing Funds Export Credit Agencies FMO Netherlands OPEC Fund for International Development, Vienna Private Investment Funds

EBRD - Best Development Bank in Trade Readers and editors of Trade Finance Magazine, Global Trade Review (GTR) and Global Finance have voted the EBRD in 2015 and 2016 “ Best Development Bank in Trade” EBRD invites other development banks, commercial financial institutions, export credit agencies and donors to co-finance or co-finance with the EBRD

Donors TFP Technical Cooperation (TC) Projects funded by: The Early Transition Countries Fund The Shareholder Special Fund European Union Norwegian, Swiss, Italian, Canadian, Taiwanese funding and other donors