European Investment Bank

European Investment Bank

IMF and EIB strengthen cooperation in support of Sustainable Development Goals

The EIB and the IMF have signed a Memorandum of Understanding that enables the two organisations to enhance their close cooperation in advancing the Sustainable Development Goals (SDGs) and in supporting capacity development and institution-building. The agreement was signed by IMF Deputy Managing Director Carla Grasso and EIB Vice-President, Ambroise Fayolle in Lima, Peru on the margins of the IMF-World Bank Annual Meetings.


EIB President encourages Deauville Partnership to increase investment in the Middle East and North Africa

In his role as current Chairman of the IFIs engaged in the Deauville Partnership, President Hoyer has highlighted the need to increase support for investment to finance economic and social transformation in the Middle East and North Africa. Infrastructure investment and job creation were named as the key areas in which the Deauville Partnership players can increase their contribution in the region.


EIB backs high-speed mobile broadband services in Finland and Estonia

The EIB has signed a EUR 150m loan with the telecom operator Elisa for the upgrading and expansion of its mobile network in Finland and Estonia. The large-scale rollout of 4th generation Long-Term Evolution mobile networks will enable high-speed mobile broadband services to be provided to more people, particularly in rural and remote areas, strengthen transmission networks and improve the overall quality of service.


EIB supports Fabege’s construction of near-zero-energy-buildings

The EIB has provided a EUR 100m long-term loan to Swedish property company Fabege for the development of two large office buildings with a superior environmental performance. These will be located in Solna (Arenastaden), a former industrial area that is being transformed into a modern and sustainable district.

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