Business Advisory Services (BAS)

Taipei China has provided €270,000 to support the Women in Business Programme in Armenia, Azerbaijan and Georgia.  The programme promotes women entrepreneurship and has financed over 40 seminars, workshops and training courses for businesswomen.
 

Co-financing

Taipei China is an important source of foreign direct investment in the EBRD’s countries of operations. The value of joint Taipei China-EBRD investment stood at €1.19 billion as of January 2012. EBRD finance accounted for €0.95 billion, and Taiwanese investment accounted for €0.24 billion. Adding in further investment from other countries and sources, the total value of projects with Taiwanese-EBRD involvement was €3.69 billion. The majority of these deals were in the private sector.

Taipei China-EBRD investments have been especially strong in Russia, at €869 million, followed by Kazakhstan, at €92million, and Romania, at €73 million. Broken down by industry, joint Taipei China-EBRD investments have been €806 million in financial institutions and €371 million in industry, commerce and agribusiness and €13 million in infrastructure.

Taipei China's investments include €229 million of commercial co-financing and €10 million of co-financing from official sources, such as export credit agencies.

Consultancy services and procurement

Consultancy services

In 2011 the EBRD and its clients awarded 29 contracts totalling €885,473 to Taiwanese consultants. These include 22 contract awards for €239,492 by the EBRD Small Business Support (SBS) team for provision of management and industry advice.

To facilitate Taiwanese consultants’ participation in the Bank’s consultancy assignments, the EBRD’s Consultancy Services Unit conducted a consultants outreach in Taiwan, which aimed to raise Taiwanese consultants’ awareness of consultancy opportunities with the EBRD.

2011 Consultancy Contracts’ Highlights:

    Assignment: Regional - Trade Facilitation Programme - E-Factoring Workshops
    Funding Source: Taiwan Business - EBRD TC Fund
    Contract Value: €260,000
    Consultant: Morrison Consulting Corp., Taipei China
    Assignment: Moldova: Chisinau Public Transport - E-ticketing System Design
    Funding Source: Taiwan Business - EBRD TC Fund
    Contract Value: €270,450
    Consultant: Metro Consulting Services Ltd, Taipei China

Procurement

In 2011 the EBRD financed 219 public sector contracts for a total contract value of over €1.6 billion. 53 Nuclear Safety Grant funded contracts were also signed for a total value of €109 million.

Cooperation with Taiwanese banks

The EBRD works closely with Taiwanese banks involved in the Trade Facilitation Programme (TFP), through which the EBRD guarantees the payment of trade finance instruments (such as letters of credit or payment guarantees) that are issued by banks in its countries of operations to foreign confirming banks. Since the start of the Programme in 1999, the TFP has guaranteed more than 11,629 transactions worth over €7.2 billion, including 82 export and import transactions of Taipei China in the total amount of €20.5 million. Some 101 issuing banks in 22 EBRD countries of operations participate in the Programme, together with over 800 foreign confirming banks, of which 17 are Taiwanese.

Taiwanese Confirming Banks

    Bank of New York Mellon, Taipei Branch
    Bank of Nova Scotia, Taipei Branch
    Bank of Overseas Chinese
    Bank of Taiwan
    Bank SinoPac
    Chang Hwa Commercial Bank, Ltd
    Chinatrust Commercial Bank
    First Commercial Bank Ltd
    Hua Nan Commercial Bank, Ltd
    KBC Taiwan, Taipei
    KBC Kaohsing
    Mega International Commercial Bank Co., Ltd
    The Royal Bank of Scotland (formerly ABN Amro Bank N.V.)
    Societe Generale, Taipei Branch
    Sumitomo Mitsui Banking Corporation, Taipei Branch
    Taiwan Cooperative Bank
    Union Bank of California N.A, Taipei Branch