Our Mission is to further the objectives of the European Union by making long-term finance available for sound investment.
The EIB Group promotes Corporate Responsibility through its mission and activities in the service of the European Union, through the way it implements these and through its internal management.
The EIB attaches great importance to engaging with civil society and building cooperative relations with its representatives.
Albania, Serbia, Kosovo under United Nations Security Council Resolution 1244, and Bosnia Herzegovina.
The European Investment Bank has been active in the countries of South Eastern Europe for several years and is progressively increasing its long-term lending in the region.
The EIB has been active in the Western Balkans since 1977 and is today the largest international financier in the area. Over the past ten years, the Bank has financed projects totaling EUR 7.3 bn in the Western Balkans. The Bank's focus has been on the implementation of transport, energy, health and education projects, support for small and medium-sized enterprises (SMEs) and local authorities, industry and services, water and sanitation.
Key figures
Cooperation with other institutions
The EIB co-finances major projects in the region with other International Financial Institutions, particularly the European Bank for Reconstruction and Development (EBRD), the World Bank and the Council of Europe Development Bank, as well as with bilateral donors.
In December 2009, the EIB launched, together with the European Commission, the Council of Europe Development Bank and the European Bank for Reconstruction and Development, the Western Balkans Investment Framework (WBIF). This provides a joint grant facility and a joint lending facility for priority investments in the region. The objective is to simplify access to credit by pooling and coordinating different sources of finance and technical assistance. An initial focus on infrastructure sectors, including social infrastructure, will be expanded to include support for small businesses.
Outlook
While continuing its support for reconstruction and upgrading of the regional and municipal networks of basic infrastructure (transport, energy and the environment), the EIB plans to increase its assistance to the private sector and lend more in the health and education sectors in the coming years.
Copyright © European Investment Bank 2012
The European Investment Bank is not responsible for the content of external internet sites.
