English
  • Français
  • Deutsch
EN
  • FR
  • DE
Return to the EIB homepage
  • ABOUT US
    Close menu section
    ABOUT US
    • The EU bank at a glance
    • Governance and structure
    • Corporate responsibility
    • Public consultation
    • Compliance
    • Complaints and investigations
    • European Fund for Strategic Investments
    • Tackling global challenges together
    • Procurement
    • Economic research
    ABOUT US
    Our impact: Boosting GDP and jobs

    Our impact: Boosting GDP and jobs

    EIB Investment Survey - Tracking investment needs and constraints across Europe

    EIB Investment Survey - Tracking investment needs and constraints across Europe

    The EU bank at a glance

    • Some dates and figures
    • Part of the EU family
    • Partners

    Governance and structure

    • Shareholders
    • Statutory bodies
    • Control and evaluation
    • Organisation structure

    Corporate responsibility

    • Providing finance
    • Borrowing
    • Reporting on sustainability
    • Internal commitment

    Compliance

    • Tax good governance

    Complaints and investigations

    • Complaints mechanism
    • Investigating Prohibited Conduct

    European Fund for Strategic Investments

    • EFSI project list
    • What is the European Fund for Strategic Investments?
    • How does a project get EFSI financing?
    • Governance

    Tackling global challenges together

    • Together on forced displacement and migration
    • Together on infrastructure

    Economic research

    • European research hub
    • Our research
    • Surveys and data
    • Promoting dialogue
    • Assessing the macroeconomic impact of EIB activities
  • WHAT WE OFFER
    Close menu section
    WHAT WE OFFER
    • Loans
    • Equity
    • Guarantees
    • Advisory services
    • Blending
    WHAT WE OFFER
    Looking for an SME loan? Contact one of our intermediaries!

    Looking for an SME loan? Contact one of our intermediaries!

    Our main lending activities, at a glance

    Our main lending activities, at a glance

    Loans

    • Loans for the public sector
    • Framework loans for the public sector
    • Loans for the private sector
    • Intermediated loans for SMEs, mid-caps and other priorities

    Equity

    • Venture debt
    • Investments in SME and mid-cap funds
    • Investments in infrastructure and environmental funds

    Guarantees

    • Credit enhancement for project finance
    • Guarantees in support of SMEs, mid-caps and other objectives

    Advisory services

    • InnovFin advisory
    • EPEC / Public-Private Partnerships (PPPs)
    • JASPERS
    • ELENA - European Local ENergy Assistance
    • FELICITY - Sustainable solutions for cities
    • MPSF - Municipal Project Support Facility

    Blending

    • InnovFin - EU finance for innovators
    • Donor partnerships
    • The European Structural and Investment Funds (ESIF) - financial instruments
    • Mutual Reliance Initiative
    • Private Finance for Energy Efficiency (PF4EE)
    • Natural Capital Financing Facility
    • Risk Capital Facility for the Southern Neighbourhood
    • EU Trade and Competitiveness Programme in Egypt, Jordan, Morocco and Tunisia
    • EU Blending facilities
  • PROJECTS
    Close menu section
    PROJECTS
    • Priorities
    • Regions
    • Sectors
    • Our initiatives
    • Projects to be financed
    • Financed projects
    • EFSI project list
    • Project cycle
    • Operations evaluation
    • Our project stories
    PROJECTS
    We are active in 162 countries. Discover our projects!

    We are active in 162 countries. Discover our projects!

    Our recently approved projects

    Our recently approved projects

    Priorities

    • Innovation and skills
    • SMEs
    • Infrastructure
    • Climate and environment

    Regions

    • European Union
    • Enlargement countries
    • European Free Trade Association
    • Mediterranean neighbourhood
    • EU Eastern neighbours
    • Central Asia
    • Sub-Saharan Africa, Caribbean and Pacific
    • Asia and Latin America

    Sectors

    • Agriculture, food and rural development
    • Digital economy
    • Education and training
    • Energy
    • Forestry
    • Health and life science
    • Regional development
    • Trans-European Networks
    • Transport
    • Urban agenda
    • Water and wastewater management

    Our initiatives

    • Economic Resilience Initiative
    • Gender equality
    • Circular economy
    • Preserving our oceans

    Projects to be financed

    • Recently approved projects
    • Breakdown by region
    • Breakdown by sector
    • Explanatory notes

    Financed projects

    • Breakdown by region
    • Breakdown by sector
    • Multi-criteria list

    Project cycle

    • Applying for a loan
    • Appraisal
    • Procurement
    • Monitoring

    Operations evaluation

    • Process and methodology
  • MEDIA CENTRE
    Close menu section
    MEDIA CENTRE
    • Blog
    • Media information
    • Events
    • Newsletter
    • Publications
    • EFSI Scoreboards
    • Public register
    • Multimedia
    • Open learning
    MEDIA CENTRE
    The Blog: People Stories Ideas

    The Blog: People Stories Ideas

    Impact Europe: Get our newsletter

    Impact Europe: Get our newsletter

    Blog

    • Stories
    • Essays
    • Podcasts

    Media information

    • All press releases
    • All other news
    • Speeches
    • Press contacts

    Events

    • All events
    • Business events
    • Institutional events

    Publications

    • All publications

    EFSI Scoreboards

    • List of scoreboards

    Public register

    • Search
    • Frequently asked questions
    • Request a document
    • Other public registers
    Multimedia
    • Picture library
    • Video library
    • Podcasts
    • Infographics
  • EIB & YOU
    Close menu section
    EIB & YOU
    • Are you a...
    • Client
    • Investor
    • Jobseeker
    • Civil society
    • Journalist
    • Learner/Researcher
    EIB & YOU
    Join the bank that invests in the things that matter!

    Join the bank that invests in the things that matter!

    Engaging with civil society organisations

    Engaging with civil society organisations

European Investment Fund
  •  
English
  • Français
  • Deutsch
EN
  • FR
  • DE
  • ABOUT US
  • WHAT WE OFFER
  • PROJECTS
  • MEDIA CENTRE
  • EIB & YOU
  • Investor relations
  • Careers
  • Contact
  •  
  •  
  •  
  •  
  •  
  •  
Close search section

Annual Press Conference: EIB to increase lending for growth and jobs in Europe

  • Feb 28, 2013
The EIB gives an exceptional response for exceptional times in the on-going financial and economic crisis of the European Union. The EIB Group will significantly step up its lending activities for the 2013 to 2015 period to support the recovery of growth in Europe. The EU Bank will lend an additional EUR 60 billion over the next three years to promote sustainable growth and jobs, bringing annual lending volumes to EUR 65-70 billion.  This follows the Member States’ 2012 decision to increase the EIB’s paid-in capital by EUR 10 billion.

The European Investment Bank (EIB) gives an exceptional response for exceptional times in the on-going financial and economic crisis of the European Union. The EIB Group will significantly step up its lending activities for the 2013 to 2015 period to support the recovery of growth in Europe. The EU Bank will lend an additional EUR 60 billion over the next three years to promote sustainable growth and jobs, bringing annual lending volumes to EUR 65-70 billion.  This follows the Member States’ 2012 decision to increase the EIB’s paid-in capital by EUR 10 billion.  Werner Hoyer, EIB President commented: “Last year the EIB has delivered on changing its course fundamentally from a programmed cyclical to a countercyclical course. We are now prepared to deliver on boosting our lending activities by 40% per year from 2013-2015 and thus making an extraordinary effort in theses exceptional times for Europe. The EU Bank will be making a significant and tangible contribution to overcoming the current crisis.” It is expected that the additional EIB lending will initiate projects worth up to EUR 180 billion including private and public investments, focussing on innovation, SME´s access to finance, resource efficiency and strategic infrastructure. President Hoyer stated: “Investing in innovation and skills is crucial for Europe’s productivity and will help secure competitiveness and jobs in the future.”

During 2012, the EIB signed EUR 52.2 billion of new loans in over 60 countries. EUR 44.8 billion were provided for projects within the European Union and EUR 7.4 billion outside. In response to the tough economic challenges facing certain EU countries, the EIB provided targeted support for key growth and employment drivers, in particular SMEs. Support for small and medium-sized enterprises reached EUR 13 billion.  More than 200.000 SMEs received direct or indirect support through the EIB Group’s activity in 2012. The European Investment Fund (EIF), the EIB Group’s specialist arm which provides risk financing to the benefit of SMEs, achieved a record volume of equity commitments of EUR 1.4 billion which catalysed over EUR 7 billion from further investors.  “In 2013, the EIB Group will strive to expand its support for SMEs in Europe even further and to broaden the range of its distribution channels and products”, said President Hoyer. 

The Bank also gave specific support to countries and regions facing limited access to capital markets by leveraging existing resources such as structural funds, whilst enhancing its advisory activity. “The blending and advising capacity enabled us to remain active in countries where other investors have already left the markets or are heavily reducing their business”, said President Hoyer, emphasising that: “The EIB is the bank for all 27 – soon to be 28 - EU member states.”

Lending outside the EU underpins the EIB’s support for the EU’s external priorities via long-term investments in close cooperation with the European External Action Service (EEAS) and the Commission, as well as other financial institutions.  The EIB focusses on local private sector development, social and economic infrastructure and climate change mitigation and supports foreign direct investment. President Hoyer commented: “With its large network of corporate clients in Europe, the EIB effectively supports the internationalization of the EU economy to foster productivity, growth and jobs. Through its extensive sector expertise the EIB brings substantial benefits to the partner country and the EU at the same time.”

The EIB maintained excellent credit standing throughout 2012 benefiting in particular from a prudent lending policy and sound risk management. Total assets at year-end 2012 reached EUR 508 billion, making the EIB the largest multi-lateral financier.  The EIB´s capital adequacy ratio remained robust at 23.1 %. Amid volatile market conditions, the Bank raised EUR 71.3 billion on the international capital markets, including some pre-funding for the current year. President Hoyer stated: “The Bank will continue to pay strong attention to the quality of its balance sheet. The quality of our loan book and our conservative risk management are vital for the bank and its investors.”

Notes for the editor:

The European Investment Bank Group consists of the European Investment Bank (EIB) and the European Investment Fund (EIF). The EIB is the long-term lending institution of the European Union owned by its Member States. It makes long-term finance available for sound investment in order to contribute towards EU policy goals. The EIF is the Group’s specialist provider of risk finance to benefit small and medium-sized enterprises across Europe. Its shareholders are the EIB, the European Commission and a wide range of public and private financial institutions. In 2012, the EIF made a record volume of equity commitments of EUR 1.4 billion which catalysed over EUR 7 billion from further investors; it also committed EUR 1.2 billion into guarantees and securitisation transactions, stimulating new loan portfolios for SMEs worth EUR 5.2 billion.


  • Presentation slide [EN]
  • List of financing operations in 2012 [EN]
  • Video of the Press Conference [EN]
  •  
  •  
  •  
  •  
  •  
  •  
European Investment Bank
  •  
  •  
  •  
  •  
  •  
  •  
  • European Investment Fund
  • EIB Institute
  • European Union
  • European Investment Fund
  • EIB Institute
  • European Union
  • WORK WITH US
  • CONTACT
  • PRIVACY
  • TERMS OF USE
  • © European Investment Bank 2019
 
Please note: Some content may not yet reflect the recent withdrawal of the United Kingdom from the European Union. This will be addressed soon.
X
 
 

EIB newsletter

Subscribe and receive monthly updates of the EIB’s activities around the world.

  This email address is already being used. Please try again.   This is not a valid email address. Please try again.   Thank you for subscribing to the European Investment Bank’s monthly newsletter.
 

We use cookies to give the best browser experience on our website. or change cookie settings.