At the request made by the EIB's Board of Governors at its annual meeting on 2 June 2004, the Bank explains and publishes its guiding rinciples on Governance.

EIB's approach to Corporate Governance takes into account its dual role:

• as a financial institution, EIB ensures that its financial statements give a true and fair view of its financial situation; it ensures that its business is conducted in accordance with the rules and procedures laid down in the Statute and the Rules of Procedure, and in line with best banking practices;
• as a European body serving the policies of the EU, EIB carries out its statutory role and the tasks assigned to it in a transparent manner, in accordance with the provisions that are applicable to it.