The European Investment Bank (EIB) is the bank of the European Union. The EIB is the only bank owned by and representing the interests of the EU Member States, working closely with other EU institutions to implement EU policy.
As the largest multilateral borrower and lender by volume, the EIB provides finance and expertise for sound and sustainable investment projects which contribute to furthering EU policy objectives. More than 90% of its activity is focused on Europe, but it also supports the EU's external and development policies.
- Lending: The vast majority of EIB financing is through loans, but it also offers guarantees, microfinance, equity investment, etc.
- Blending: The EIB unlocks financing from other sources, particularly from the EU budget. This is blended together to form the full financing package.
- Advising: The EIB helps with administrative and project management capacity which facilitates investment implementation.
The EIB supports projects that make a significant contribution to growth and employment in Europe. As part of its counter-cyclical approach, its activities focus on four priority areas:
- Innovation and skills
- Access to finance for smaller businesses
- Climate Action
- Strategic infrastructure
All the projects financed by the EIB must not only be bankable, but also comply with strict economic, technical, environmental and social standards. Its corps of 300 engineers and economists screens every project, before, during and after lending.
The EIB Group
The EIB Group consists of the European Investment Bank and the European Investment Fund (EIF), the specialist arm providing SME risk finance. The EIB is the majority EIF shareholder with the remaining equity held by the European Union (represented by the European Commission) and other European private and public bodies.
For further information, please visit the European Investment Bank official website.