European Investment Bank


Also found in: Financial, Acronyms, Encyclopedia, Wikipedia.

European Investment Bank (EIB)

the European Union's financial institution. Its shareholders are the Member States of the European Union. The bank is supervised by the Board of Governors, which comprises the Member State's Finance Ministers. It has legal personality and is financially independent. It provides long-term financing for practical projects, the economic, technical, environmental and financial viability of which is guaranteed. It grants loans. Outside the European Union the EIB supports the pre-accession strategies of the candidate countries. It manages the financial dimension of the agreements concluded under European development aid and cooperation policies.
References in periodicals archive ?
The significant new European Investment Bank support signed today will strengthen expansion of clean energy generation across India.
The European Investment Bank (EIB) has said that it has extended a funding facility to Kenya-based I&M Bank Ltd.
New Delhi [India], Dec 20 ( ANI ): Expansion of renewable energy power generation across India will be supported by a new USD 400-million joint initiative backed by the European Investment Bank and YES BANK, whereby the latter will manage the new co-financing programme for the construction of new solar power plants and wind farms across the country.
The 100 million euros that the Macedonian Bank for Development Promotion received, according to the European Investment Bank, helped this national bank lend money to local banks across Macedonia thus providing financial support to 44 small and medium-sized enterprises and four large companies in the country.
New support from the European Investment Bank will help unlock essential new investment to improve sanitation in Colombo.
The European Investment Bank has a strong track record in supporting crucial investment programmes across Africa and around the world.
The investment at Gestamp Tallent is the latest boost to the region from the European Investment Bank (EIB), which has also supported Nissan, Hitachi Rail and Newcastle University in recent years.
Dutch software company Planon, a market leading specialist in Integrated Workplace Management Systems (IWMS) said is has signed an agreement with European Investment Bank signed an agreement for a loan of EUR12 million to contribute to Planon's plans to strengthen its international position as a market leading provider of facility management and real estate software.
The official delegation of Kyrgyzstan is holding talks with the European Investment Bank concerning mutually acceptable terms of loan agreement.
The project with an estimated cost of 240 million Euros is being jointly funded by the European Investment Bank, the German Development Bank (KfW) and the Government of Pakistan.
The European Investment Bank, the European Union's long-term lending institution, provided over N$820 million for the N$2.
Summary: The European Investment Bank (EIB) and Tanger Med Special Agency (TMSA) signed, on Thursday in Tangier, a 200-million Euro loan agreement to finance the extension works of the Tanger Med Port Complex.

Full browser ?