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Encyclopedia > European Investment Bank

The European Investment Bank (the Banque Européenne d'Investissement) is the European Union's financing institution and was established under the Treaty of Rome (1957) to provide loan finance for capital investment furthering European Union policy objectives, in particular regional development, Trans-European Networks of transport, telecommunications and energy, research, development and innovation, environment improvement and protection, health and education. Outside the Union, the EIB contributes to European development co-operation policy in accordance with the terms and conditions laid down in the various agreements linking the Union to some 130 countries in Central, South and Eastern Europe, the Mediterranean region, Africa, the Caribbean and the Pacific, Asia and Latin America. The Treaty of Rome signing ceremony Signatures in the Treaty The Treaty of Rome refers to the treaty which established the European Economic Community (EEC) and was signed by France, West Germany, Italy, Belgium, the Netherlands and Luxembourg on March 25, 1957. ...


The task of the European Investment Bank, the European Union's financing institution, is to contribute towards the integration, balanced development and economic and social cohesion of the Member Countries.


To this end, it raises on the markets substantial volumes of funds which it directs on the most favourable terms towards financing capital projects according with the objectives of the Union.


Outside the Union the EIB implements the financial components of agreements concluded under European development aid and cooperation policies.


The headquarters is situated in Boulevard Konrad Adenauer in Kirchberg, Luxembourg. The building's first phase was designed by British architect Sir Denys Lasdun and is one of his few works outside the UK. Kirchberg or the Kirchberg is an area of Luxembourg. ... Architect at his drawing board, 1893 An architect is a person involved in the art of planning, designing and overseeing the construction of buildings, or more generally, the designer of a scheme or plan. ... Sir Denys Lasdun (8 September 1914-11 January 2001) was an eminent English architect of the 20th century, particularly associated with the Modernist design of the Royal National Theatre on Londons South Bank of the River Thames. ...


See also

This article or section should be merged with List of European Union-related topics The European Union has several institutions: The European Parliament The European Council The Council of the European Union (or Council of Ministers) The European Commission The European Court of Justice (incorporating the Court of First Instance... The European Investment Fund, established in 1994, is a European Union agency for the provision of finance to SMEs (small and medium-sized enterprises). ...

External link

  • Welcome to the European Investment Bank (http://www.eib.org/)

  Results from FactBites:
 
European Investment Fund - Wikipedia, the free encyclopedia (119 words)
The European Investment Fund, established in 1994, is a European Union agency for the provision of finance to SMEs (small and medium-sized enterprises).
Its main operations are in the areas of venture capital and guaranteeing loans.
Its shareholders are: the European Investment Bank (59.15%); the European Communities, represented by the European Commission (30.00%); and 34 privately-owned EU financial institutions (10.85%).
European Investment Bank - Wikipedia, the free encyclopedia (205 words)
Outside the Union, the EIB contributes to European development co-operation policy in accordance with the terms and conditions laid down in the various agreements linking the Union to some 130 countries in Central, South and Eastern Europe, the Mediterranean region, Africa, Asia, Latin America, the Caribbean and the Pacific.
The task of the European Investment Bank, the European Union's financing institution, is to contribute towards the integration, balanced development and economic and social cohesion of the Member States.
Outside the Union the EIB implements the financial components of agreements concluded under European development aid and cooperation policies.
  More results at FactBites »

 
 

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