European Investment Bank Popular Books
European Investment Bank Biography & Facts
The European Investment Bank (EIB) is the European Union's investment bank and is owned by the 27 member states. It is the largest multilateral financial institution in the world. The EIB finances and invests both through equity and debt solutions companies and projects that achieve the policy aims of the European Union through loans, equity and guarantees. The EIB focuses on the areas of climate, environment, small and medium-sized enterprises (SMEs), development, cohesion and infrastructure. It has played a large role in providing finance during crises including the 2008 financial crash and the COVID-19 pandemic. Over 60 years since its inception in 1958 to 2018 the EIB has invested over 1.1 trillion euros. It primarily funds projects that "cannot be entirely financed by the various means available in the individual Member States". The EIB is one of the biggest financiers of green finance in the world. In 2007, the EIB became the first institution in the world to issue green bonds. In 2019 it committed to stop funding fossil fuel projects by the end of 2021. The EIB plans to invest 1 trillion euros in climate-related projects by 2030 including a just transition. The EIB is not funded through the budget of the EU. Instead, it raises money through the international capital markets by issuing bonds. The EIB is rated triple-A, the most credit-worthy rating on the bond market, by "the Big Three" credit rating agencies: Moody's, Standard and Poor's, and Fitch. Each member state pays capital into the EIB's reserves which is broadly in line with their share of EU gross domestic product. The EIB was founded by the Treaty of Rome, which came into force on 1 January 1958. It was the first of the world's regional development banks and is sometimes referred to as the largest multilateral development bank (MDB). The EIB was established to facilitate equitable development in the EU through lending to regions that are less developed and to support the EU's internal market. The EIB is active in 140 countries throughout the world. It makes around 10% of its investments outside the EU to support the European Union's development aid and cooperation policies. The EIB has been criticised and caused controversy for various actions and inactions of its own (or projects it funded), including: insufficient stakeholder consultation, lack of organisational transparency, climate change response, defense and promotion of vegetarian and vegan values, tax avoidance, and staff harassment. EIB role within the EU system The European Investment Bank is the European Union's bank and is owned by the Member States of the European Union. Its role is to fund projects that achieve the aims of the European Union. Most of the EIB's activity (90%) takes place inside the European Union with the aim of fostering European integration and development. It makes investments outside Europe to support the EU's development aid and cooperation policies. It is active in 140 countries which are grouped into: Enlargement countries, European Free Trade Association (EFTA), EU Southern Neighbourhood, EU Eastern Neighbourhood, Sub-Saharan Africa, Caribbean and Pacific, Asia and Latin America, Central Asia and the United Kingdom. As an independent body the bank takes its own borrowing and lending decisions. It cooperates with other EU institutions, especially the European Commission, the European Parliament, and the Council of the European Union. Financial products and services The EIB lends to both the private and the public sector through various financial products: Financing is the Bank's main activity, it also provides guidance on how to utilise additional sources of investment. Loans The European Investment Bank provides long-term loans, typically up to 50% of a project's overall cost, for the public and the private sector, and for small and medium-sized businesses through intermediated lending partners. The EIB's private sector financing of single large investment projects or investment programmes start from €25 million. It offers framework loans starting from €100 million to public sector entities for investment programmes that consist of a number of smaller projects. Loans for both private and public sector projects have to be aligned with one or more priorities of the EIB. Besides direct debt financing or project finance for the private sector, the EIB makes loans to intermediaries including Groupe BPCE (France), Deutsche Bank AG (Germany), or Intesa Sanpaolo (Italy) that provide small and medium-sized businesses with local and targeted funds up to €12.5 million and below the EIB's threshold for direct private financing of €25 million. Equity The European Investment Bank invests and co-invests in companies and funds that focus on infrastructure, environment, or small- and medium-sized enterprises and mid-size corporations in exchange for equity which allows companies to raise capital by selling shares for short term costs or to achieve long-term financial goals. In some cases, the EIB provides direct quasi-equity financing to support companies aiming for financing to grow which involves venture debt products for European companies in the field of biotech and life sciences, software and ICT, engineering and automation, renewables and clean technology. These investments, which are a relatively recent addition to the bank's work, tend to be smaller than its previous limits on the size of its deals, because they are aimed at startups and growth companies. The European Investment Fund (EIF) supports the EIB by working with SMEs and related financial partners (Banks, guarantee, leasing and microfinance institutions, private equity and venture capital funds etc.). The EIB's investments in equity and debt funds usually cover 10% to 20% of the fund size (with a maximum of 25%) and address climate action, infrastructure, or private sector development and social impact goals. Guarantees The EIB provides credit enhancement of senior debt using subordinated financing, funded or unfunded guarantees and contingent credit lines. Credit enhancement is the process of improving a company's creditworthiness by taking internal and external measures. The EIB increases the protection of the senior debt, enhances the credit rating and credit quality for project finance and aims to help projects attract further private finance from institutional investors. By offering guarantees to small and medium-sized enterprises or mid-caps, the Bank covers a portion of possible losses from a portfolio of loans and sets the ground for additional financing. A guarantee is a legal contract with which a third party (guarantor) promises to assume a borrower's debt or other liabilities in the event of default. Advisory services and technical assistance The European Investment Bank's advisory services are carried out by the European Advisory Hub and are available for public and private projects inside as well as outside the European Union. Besides a.... Discover the European Investment Bank popular books. Find the top 100 most popular European Investment Bank books.
Best Seller European Investment Bank Books of 2024
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The story of your city
Greg Clark, Tim Moonen, Jake Nunley & European Investment BankBy the end of this century, 9 out of 10 Europeans will live in an urban area. But what kind of city will they call home? You'll find all the answers in CITY, TRANSFORMED, the new e...
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European Investment Bank Group Activity Report 2022
European Investment BankOur flagship report shows how the European Investment Bank stepped up to the challenges of 2022. From our ongoing work rebuilding Ukraine's damaged towns and cities and our sup...
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European Investment Bank Group Sustainability Report 2020
European Investment BankSupporting sustainable and inclusive growth is at the heart of the EIB Group's lending. The EIB Group 2020 Sustainability Report looks at the impact of our global activities and ou...
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Funding women entrepreneurs
Surya Fackelmann, Alessandro De Concini, Shiva Dustdar & European Investment BankFinancial and policy measures are needed to improve accesstofinance conditions for womenled companies.EIB's InnovFin Advisory assesses the accesstoriskcapital conditions for womend...
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La vie dans le cyberespace
Mary Aiken & Banque européenne d'investissementInternet est un lieu réel. À chaque fois que nous allumons nos ordinateurs, que nous utilisons un programme ou une application, que nous allons sur les réseaux sociaux, nous entron...
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European Investment Bank Activity Report 2017
European Investment BankA record number of deals shows that the European Investment Bank is supporting the smaller companies and startups that will boost growth and jobs for decades, in addition to its tr...
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Banco Europeo de Inversiones - Informe de actividad 2017
Banco Europeo de InversionesEl Banco Europeo de Inversiones ha aprobado un número récord de operaciones, demostrando así su apoyo a las empresas más pequeñas y a las entidades de reciente creación (startups) ...
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Life in Cyberspace
Mary Aiken & European Investment BankInternet is a real place. Every time we switch on our computers, use a program or an application, or log in to a social media site, we enter a virtual space made up of worlds, doma...
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European Investment Bank Activity Report 2018
European Investment BankThe European Investment Bank is the biggest multilateral financial institution in the world.In the 2018 HIGHLIGHTS you can read about the lending volume and investment in each EU c...
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European Investment Bank Group Activity Report 2019
European Investment BankThis report tracks the green thread that runs through the European Investment Bank Group's work in 2019, specifically action to fight climate change. Climate action has long been a...
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European Investment Bank Group Sustainability Report 2018
European Investment BankSustainable Finance is at the heart of the European Investment Bank (EIB) Group and shapes our activities and investment decisions.The 2018 EIB Group Sustainability Report is once ...
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Le cercle vertueux
Ellen MacArthur & Banque européenne d'investissementImaginez une économie dans laquelle les produits d'aujourd'hui deviennent les ressources de demain et où rien n'est jeté.Ellen MacArthur, fondatrice de la fondation éponyme, qui oe...
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Food for change
Massimo Bottura & European Investment BankMassimo Bottura is more than a Michelin starwinning chef. Together with Lara Gilmore, he also founded Food for Soul, a nonprofit organisation seeking to reduce food waste through i...
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Health is wealth
Emmanuel Malabo Makasa & European Investment BankMany rural areas in Africa still have high maternal and infant death rates because there are no local surgeons. Many children drop out of school because their untreated disabilitie...
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The genome e-volution
Ivan Dikic & European Investment Bank"We have made great progress, but we are still vulnerable and our common commitment to fight global health challenges is not yet strong enough. Despite our knowledge, despite new t...
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The Ocean Plastics Reduction Guide
European Investment BankThe objective of this guide is to raise awareness about the oceans' crucial importance to us and to the planet, and the growing threats posed by plastics discharged into and accumu...
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Smart Europe
Jeremy Rifkin & European Investment BankA green digital economy could change the future of the Old Continent. The new Smart Europe will be based on three elements: new communication technologies, new sources of energy an...
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European Investment Bank Activity Report 2020
European Investment BankOur flagship report highlights the European Investment Bank's key contribution to combatting the COVID19, climate change and development challenges that dominated 2020. It tells th...
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European Investment Bank Donors in action 2019
European Investment BankSustained partnerships between international Donors and the EIB are improving people's lives, contributing to the UN Sustainable Development Goals and advancing the international d...
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Smart Europe
Jeremy Rifkin & Banque européenne d'investissementUne économie numérique et verte pourrait changer l'avenir du Vieux Continent. La nouvelle " Smart Europe " s'appuiera sur trois piliers : nouvelles technologies de communication, n...
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The virtuous circle
Ellen MacArthur & European Investment BankImagine an economy in which today's goods become tomorrow's resources and nothing is discarded.Ellen MacArthur, the founder of her eponymous foundation, which works to accelerate t...
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European Investment Bank Group Sustainability Report 2019
European Investment BankThe EIB Group 2019 Sustainability Report provides an overview of the European Investment Bank Group's operations and impact as they relate to our objective to support smart, sustai...
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The vision and the path
Javier Cercas & European Investment BankWhat is Europe? A continent fragmented through the centuries by wars, border conflicts and cultural diversity.As Europeans, we do not have a common language or a common history, bu...
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The EIB Circular Economy Guide
European Investment BankThe EIB Circular Economy Guide aims to promote a common understanding of circular economy, and raise awareness about and promote circular solutions. The Guide provides information ...
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On Water
Yann Arthus-Bertrand & European Investment BankWhen taking a drink is as easy as turning a tap, it is easy to forget that our water supply is fragile and that hundreds of millions of people do not have clean drinking water or p...
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Un brilliant avenir
Fatih Birol & Banque européenne d'investissementOn peut brosser un tableau du secteur des énergies renouvelables plein d'ombre et de lumière.Ces dernières années ont vu de fantastiques avancées des énergies vertes, grâce au prog...
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EIB Investment Survey 2021 - European Union overview
European Investment BankThis unique insight into the corporate investment landscape in the European Union examines companies' finance needs and the constraints they face. The 2021 edition delves into the ...