the European Union’s financing institution, providing loans for capital investment, which aims to promote the EU’s balanced economic development and integration.
The European Investment Bank is the European Union's financing institution. It contributes towards the integration, balanced development and economic and social cohesion of the Member Countries. To this end, it raises on the markets substantial volumes of funds which it directs on the most favourable terms towards financing capital projects according with the objectives of the Union. www.eib.org
The European Investment Bank is the Community's financial institution, providing long term financing for economically, technically, environmentally and financially viable projects.
Established in 1957 to finance capital investment that will benefit and aid EC development. Although the Member States provide a subscription capital, it raises most of its funds on the international capital markets. Its major objectives are to assist less developed regions, to modernise the EC economy, and to support projects of value to more than one Member State.
Luxembourg based international bank created in 1958 to help the development of the European Community [EC]. It supports investment projects in economically weaker regions within and next to the EU. EIB financing covers part of the cost of the project, supplementing the borrower's own funds and credits from other sources.
The European Investment Bank (the Banque EuropÃ©enne d'Investissement) is the European Union's financing institution and was established under the Treaty of Rome (1957) to provide financing for capital investment furthering European Union policy objectives, in particular regional development, Trans-European Networks of transport, telecommunications and energy, research, development and innovation, environmental improvement and protection, health and education. Contrary to one implied meaning of the bank's name, the EIB is not an investment bank. Outside the Union, the EIB contributes to European development co-operation policy in accordance with the terms and conditions laid down in the various agreements linking the Union to some 130 countries in Central, South and Eastern Europe, the Mediterranean region, Africa, Asia, Latin America, the Caribbean and the Pacific.