Meeting No. 571 of the Board of Directors
In accordance with its Rules of Procedure, the EIB convenes the meetings of its Board of Directors at least six times a year. In line with the EIB Group Transparency Policy, the Bank publishes:
Equity and (quasi-equity) financial instruments are increasingly used by the Member States and regions to support economic and social development through European Structural and Investment Funds (ESIF) in the 2014-2020 programming period. By the end of 2016 more than EUR 10bn had been invested into financial instruments (providing loans, guarantees and equity) in a number of sectors including SMEs, ‘research, development and innovation’ (RDI) and energy efficiency.
Financial intermediaries including national promotional banks and institutions (NPBIs), other promotional banks and private sector financial institutions, play an important role in the implementation of such instruments across the EU.
Their active involvement in the implementation of equity instruments contributes to the overall delivery of many of the Member States’ investment priorities and ESIF Thematic Objectives (TO) outlined in the Operational Programme (OPs).
Therefore, to deploy such instruments that meet the demand of potential final recipients, a strong collaboration between the financial intermediaries and the managing authorities is necessary at all stages of the design and implementation of such instruments.
This fi-compass event aims to bring together financial intermediaries, national promotional banks and institutions (NPBIs), managing authorities and other stakeholders to share their practical experiences in implementing ESIF equity financial instruments, with a focus on:
During the event, the exchange with financial intermediaries and managing authorities will be based on three pillars:
In to-the-point presentations, both managing authorities and financial intermediaries will share their experiences and challenges in setting up equity instruments with ESIF in 2014-2020.
This event is designed for stakeholders involved in equity (and quasi-equity) instruments in 2014-2020, especially supporting TO1, TO 3 and TO4:
This event can be also useful for stakeholders involved in implementation or planning implementation of equity (and quasi-equity) instruments supporting other TOs.
The event will take place in English.
The detailed programme of the event is available here.
Registration is via www.fi-compass.eu/events and the deadline for registration is Wednesday, 10 October 2018.