EuropeanInvestment

BankJorge Diaz Fraga Universidad de Valencia

Facultad de Economia

European Investment Bank

European Union’s long-term financing arm.

At the service of EU objectives.

EIB was created in 1958.

EIB-Mission

“Our Mission is to further the objectives of the European Union by making long-term finance available

for sound investment.” 1

EIB-Group EIB Group was established in 2000, and is

formed by:

EIB : provides long and medium term bank loans.

EIF : activity is centred upon two areas, venture capital and guarantees.

EIB-GroupEIF

Is EU specialist financial institution for SMEs.

EIF offer guarantees to financial institutions that cover credits to SMEs. (€2040mm)

EIF invest on VENTURE CAPITAL FUNDS and business incubators that support SMEs,that

are focused on technology or are at early stages. (€688mm)

EIB-GroupThe EIF has several shareholders, the EIB

being the majority shareholder:

EIB: 62%

European Commission: 30%

Other European Financing Institutions: 8% 

EIB-Strategy

How the EIB achieves its mission?

Financing viable capital projects, through borrowing from the capital markets.

In which areas does the EIB intervenes?

EIB-StrategyThe EIB has 6 priority points to follow on its activity

• Cohesion and Convergence.

• Support for SMEs entreprises. • Environmental sustainability. • Implementation of the Innovation 2010 (i2i).

• Development of Trans-European Networks of transport and energy (TENs).

• Sustainable, competitive and secure energy.

EIB-Structure

Independent from other EU entities.

Shareholders are EU member countries.

Board of Governors – Board of Directors.

EIB-PartnersEIB has forged relations

with a number of groups:

Eu institutions. Banking Community. Multilateral

Development Banks. Civil Society

Organisations. EIB- Universities

Research Action.

The cooperative ties ensure optimum interaction between its loans and EU budgetary aid through a number of joint initiatives such as:

JASPERS. 2

Risk Sharing Finance Facility (RSFF). 3

References1 EIB Mission Statement. URL: http://www.eib.org/about/mission/index.htm

2 JASPERS. URL:

http://www.jaspers.europa.eu/

3 RSFF. URL: http://www.eib.org/products/loans/special/rsff/index.htm

BibliographyURL:

http://www.eib.org/attachments/general/whatis_eibgroup_en.pdf

URL: http://www.eif.org/about/index.htm

URL: http://web.worldbank.org/WBSITE/EXTERNAL/EXTABOUTUS/PARTNERS/WBEU/0,,contentMDK:20405646~menuPK:581219~pagePK:64137114~piPK:64136911~theSitePK:380823,00.html