EIB at a glance
The EU's bank
The EIB is the European Union's bank. We are the only bank owned by and representing the interests of the European Union Member States. We work closely with other EU institutions to implement EU policy.
A major player
As the largest multilateral borrower and lender by volume, we provide finance and expertise for sound and sustainable investment projects which contribute to furthering EU policy objectives. More than 90% of our activity is focused on Europe but we also support the EU's external and development policies.
Lending, blending and advising
- Lending: The vast majority of our financing is through loans, but we also offer guarantees, microfinance, equity investment, etc.
- Blending: Our support helps us unlock financing from other sources, particularly from the EU budget. This is blended together to form the full financing package.
- Advising: Lack of finance is often only one barrier to investment. We can help with administrative and project management capacity which facilitates investment implementation.
See "Products section" for our full range of products and services.
We support projects that make a significant contribution to growth and employment in Europe. As part of our counter-cyclical approach, our activities focus on four priority areas:
- Innovation and skills
- Access to finance for smaller businesses
- Climate Action
- Strategic Infrastructure
We raise the bulk of our lending resources on the international capital markets through bond issues. Our excellent rating allows us to borrow at advantageous rates. We thus are able to offer good terms to our clients.
Our multiplier effect
We generally finance one-third of each project but it can be as much as 50%. This long term, supportive financing often encourages private and public sector actors to make investment which might not otherwise be made.
What makes the EIB different?
All the projects we finance must not only be bankable but also comply with strict economic, technical, environmental and social standards. Our corps of 300 engineers and economists screens every project, before, during and after we lend. We work hard to be accountable to EU citizens.
Around 2000 staff build on more than 50 years' experience and expertise in project financing. Headquartered in Luxembourg, we have a network of local and regional offices in Europe and beyond.
The EIB Group
The EIB Group consists of the European Investment Bank and the European Investment Fund, – 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.
Strong response to the crisis
When the financial crisis erupted in 2008, the EU asked us to offset falling investment. This led to a more-than one-third increase in the total value of on-going, outstanding loans by 2011. A EUR 10bn capital increase agreed by our shareholders, the EU Member States in 2012, allows for EUR 60bn additional lending in the EU during the 2013-2015 period. This has enabled us to already deliver an exceptional increase in lending in 2013 and provide support to economic recovery in Europe, playing our role to mobilising investment, attracting other investors and rebuilding confidence in the market. As the EU bank, we will continue on this growth-enhancing course as part in the Union’s strategy to address the longer-term consequences of the crisis, as laid out in our three-year operational plan.