Israel: EBRD shareholder profile

A new Israel-EBRD bilateral fund was established in December 2018 with the Ministry of Economy with the first contribution of €1 million. In December 2023, Israel contributed EUR 800,000 by setting up a new Modern Israel Cooperation Fund. The funding for this fund was channelled via the Ministry of Finance of Israel. Israel places great focus on cybersecurity, climate and the environment, in line with Paris commitments, and finances activities that enhance energy and resource efficiency.

Israel is an important source of foreign direct investment in the EBRD’s countries of operations.

The value of joint investment stood at €1.49 billion as of end of December 2023. EBRD finance accounted for €941.4 million, and Israeli investment accounted for €557.1 million.

The joint investment has been in Poland, Romania, Kazakhstan followed by regional projects, and Kosovo. Broken down by industry, the joint investment has been in the following sectors: sustainable infrastructure, financial institutions, and industry, commerce & agribusiness.

Israeli banks also participate in the EBRD Trade Facilitation Programme as confirming banks. Since inception, the TFP has supported 190 export and import transactions for Israeli companies for a total € 81.28 million, for transactions which were initiated by banks in the EBRD countries of operation and confirmed by banks in both Israel and abroad. Five Israeli banks and branches of banks have joined the programme (all figures as of December 2023).

From 2018 to 2022, entities from Israel won 15 procurement and consultancy contracts worth €1.4 million.