Cooperation with other institutions and organisations
Over the past years, the EIB has developed a solid cooperation framework with several International Financing Institutions (IFIs) and other international and European organisations operating in the region.
Cooperation with the European Commission
With a view to supporting EU external action, the EIB has been granted an EU guarantee against losses under loans and loan guarantees outside the European Union.
The European Commission has a key role in consolidating cooperation and coordination in the regions outside the EU. The EIB requests the European Commission’s opinion on all financing operations within the framework of the procedure provided for in Article 19 of the Statute of the EIB.
Cooperation with the European Bank for Reconstruction and Development (EBRD)
EIB operations in Central Asia are carried out in close cooperation with the EBRD on the basis of a tripartite Memorandum of Understanding (MoU) between the EIB, the EBRD and the European Commission.
The EIB and EBRD share appraisal work and carry out joint appraisal missions. Labour is typically divided in a manner that the EBRD performs the financial analysis / projections modelling and the security structuring, and the EIB, the project technical/economic appraisal work. The two institutions then use the work of the other institution as input to their respective, independent, credit and project evaluations.