European Investment Bank


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European Investment Bank

A bank owned by the members of the European Union. It was established to finance EU policies, especially in infrastructure, energy, medium-sized and small businesses, and similar projects. It was established in 1958 and is based in Luxembourg.

European Investment Bank

see REGIONAL POLICY.

European Investment Bank

an institution established in 1958 with the formation of the EUROPEAN UNION (EU) to provide financial assistance for the schemes and projects considered to be beneficial in promoting the economic integration of the Union. Together with the EUROPEAN REGIONAL DEVELOPMENT FUND, the Bank is an important source of funds for the development of the more impoverished areas of the Union. The Bank also makes finance available to less developed countries.

See REGIONAL POLICY, ASSISTED AREAS, LOMÉ AGREEMENTS.

References in periodicals archive ?
The strengthened partnership between IREDA and the European Investment Bank reflects the joint commitment of India and the European Union to implement the Paris climate agreement.
This new USD 400 million initiative demonstrates the shared vision and commitment of both the European Investment Bank and YES BANK to increasing renewable energy power generation across India.
Increased access to sanitation to be achieved by this project will improve the lives of thousands of people living in Colombo and contribute to achievement of sustainable development goals in Sri Lanka," European Investment Bank stated in its press release.
The European Investment Bank (EIB) is the European Union's bank, representing the interests of the European Union Member States and working closely with other EU institutions to implement EU policy.
He said that Pakistan greatly values the financial assistance being provided by the European Investment Bank and KfW for Keyal Khwar Hydropower Project.
The European Investment Bank loan will also finance a grinding mill, access roads, railway track and housing facilities for the workforce.
Summary: Tangier - 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.
Location : Morocco Details : The European Investment Bank (EIB) has granted a MAD 2.
ISTANBUL, Jun 9, 2009 (TUR) -- The European Investment Bank provided on Monday loan for Turkey.
The official approval was expected today at a meeting of the European Investment Bank, raising hopes of a more secure future for 13,000 West Midland workers and their families.
The Netherlands is to benefit from up to EUR 500 million in European Investment Bank loans to expand and modernize its natural gas transmission network.
An estimated 500,000 people living in Kenyas third largest city, Kisumu, will benefit from a EUR 70 million of water and sanitation investment programme to be implemented over the next 5 years and financed by the European Investment Bank, the European Union and French Development Agency (AFD).

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