In 2018 the European Investment Bank celebrates 60 years of improving lives in Europe and beyond.
The EIB is the lending arm of the European Union owned by its 28 Member States and is the world’s biggest multilateral lender. Since opening its doors in March 1958 it has invested in thousands of companies and projects, from start-ups to massive programmes like the Øresund Bridge linking Sweden and Denmark.
With more than 11 900 sustainable investment projects in around 162 countries, the EIB is turning good intentions into reality.
The Bank was founded to mobilise capital, promote cohesion in Europe and modernise the economy. The EIB targets investments that support growth and job creation. To ensure maximum impact, the EIB lends to sound projects, combining EU funds with its loans.
Since 1958 the EIB has been processing loans not only for telecommunications, transport and energy but also for industries undergoing conversion. Today, the Bank also supports sustainable investment in small and medium-sized enterprises, innovation, infrastructure, and climate and environment.
The EIB’s work does not stop at the borders of Europe. The Bank has been active across the globe for over 50 years with projects in the Eastern and Southern neighbourhood of Europe, in African, Caribbean and Pacific countries, and in Asia and Latin America.
See some of the key events involving the Bank from 1958 to today.