The EIB is the European Union’s bank. It is owned by and representing the interests of the European Union Member States. It works closely with other EU institutions to implement EU policy. The EIB is the largest multilateral borrower and lender by volume. It provides finance and expertise for sound and sustainable investment projects which contribute to furthering EU policy objectives. More than 90% of EIB activity focuses on Europe but also supports the EU’s external and development policies.
EIB supports projects that make a significant contribution to growth and employment in Europe. As part of its counter-cyclical approach, EIB activities focus on 4 priority areas:
- Innovation and skills
- Access to finance for smaller businesses
- Climate action
- Strategic infrastructure