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98-100, boulevard Konrad Adenauer 2950 Luxembourg, Luxembourg Tel. +352-43--79-1 Fax +352-43-77-04 |
Type: Government Agency
On the web:
http://www.eib.org
The biggest international lovefest since Esperanto, the European Investment Bank (EIB) is the financial backbone of the European Union (EU). Led by finance ministers from EU countries, the bank makes loans for trans-European enterprise and infrastructure projects, focusing on less-developed EU countries. About 90% of the loans go to projects located within the EU; major loan categories are transportation and energy. The bank also offers development aid to some non-European countries. The EIB owns a majority of the European Investment Fund (EIF), which invests in venture capital funds and debt financing for small businesses in the EU.
Officers:
Chairman, Board of Governors: Charilaos Stavrakis
Chairman and President: Banks & Credit Unions
Competitors:
Citigroup
Deutsche Bank
UniCredit Bank AG
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