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 ?
Vassilios Psaltis said: Alpha Bank, by participating in this innovative, new European Investment Bank programme, actively supports female entrepreneurship as well as the empowerment of women in the workplace and helps boost youth employment, having signed two agreements with the EIB, worth Euro 150 million overall.
The European Investment Bank is the largest multilateral financier in the world.
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.
confirmed Ravi Karunanayake, M.P., Minister of Finance of Sri Lanka following his meeting in Brussels with senior European Investment Bank officials responsible for lending in South Asia.
Speaking on the occasion, Vice President of the European Investment Bank said that Keyal Khwar is the fifth project supported by the European Investment Bank in Pakistan.
Speaking on the inauguration of the modern cement facility, the European Investment Bank vice-president responsible for Africa, Plutarchos Sakellaris said: "The European Investment Bank congratulates Ohorongo Cement in completing construction of Namibia's only cement factory complying with strict emission and safety standards.
The European Investment Bank was created by the Treaty of Rome in 1958 as the long-term lending bank of the European Union.
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.
Ambroise Fayolle, Vice President of the European Investment Bank, will make a two-day visit to Senegal this week.
BANKING AND CREDIT NEWS-June 14, 2018-Ericsson Signs Credit Facility Agreement With the European Investment Bank

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