The EU 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.
We are the world’s largest multilateral borrower and lender. We provide finance and expertise for sustainable investment projects that contribute to EU policy objectives. More than 90% of our activity is in Europe. But we also are a big investor around the world.
- Lending: The vast majority of our financing is through loans, but we also offer guarantees, microfinance, equity investment, etc.
- Blending: Our support unlocks financing from other sources, particularly from the EU budget. This is blended with loans to form a full financing package.
- Advising: Lack of finance is often only one barrier to investment. We help with administrative and project management capacity to facilitate investment.
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. Our activities focus on four priority areas:
- Innovation and skills
- Access to finance for smaller businesses
- Climate and environment
We raise the money we lend on the international capital markets through bond issues. Our excellent rating allows us to borrow at good rates. We’re not in this to make a big profit. So we pass these good rates onto our clients.
As the EU bank, the EIB provides long-term finance for sound, sustainable investment projects in support of EU policy goals in Europe and beyond.
The Activity Report, presents the EIB Group’s activity over the past year and future prospects.
The Operational Plans for the EIB and the EIF for 2017-2019 set out the targets and priority areas for the Bank and the Fund in the medium term.
Our multiplier effect
We generally finance one-third of each project, but it can be as much as 50%. This long-term, supportive financing encourages private and public sector investors to put in their funds.
What makes the EIB different?
All the projects we finance must be bankable. But they also must comply with strict technical, environmental and social standards. Our corps of 300 engineers and economists screens every project, before, during and after we lend. We’re accountable to EU citizens.
We have more than 50 years' experience and expertise in project financing. Headquartered in Luxembourg with 2 900 staff, we have a network of local and regional offices in Europe and beyond.
The EIB Group consists of the European Investment Bank and the European Investment Fund, which specialises in SME 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.
Responding to today’s challenges
In response to the financial crisis, the Bank embarked on a path of change and modernisation. And it has produced real results.
In 2012 our shareholders, the EU Member States, agreed to a capital increase for the EIB Group. In return they asked us to lend an additional EUR 60 billion. This additional lending has allowed us to increase our support to the economic recovery in Europe and have considerable impact on the lives of citizens.
That is one of the reasons why we started with confidence to deliver on the Investment Plan for Europe in 2015. The plan aims to revive investment in strategic projects around Europe. Part of this initiative is the European Fund for Strategic Investments (EFSI), launched jointly by the EIB Group and the European Commission. EFSI provides funding for economically viable projects where it adds value, including projects with a higher risk profile than ordinary EIB activities.
But our response to today’s priorities goes beyond the EU borders. Following a call from the European Council, the EIB started developing in 2016 the Economic Resilience Initiative to increase financing in the Southern Neighbourhood and the Western Balkans, also in the context of the migration challenge.
This initiative will enable us to respond to future crises more quickly and efficiently.