The European Investment Bank

Thursday, February 14, 2019Based in Luxembourg, the European Investment Bank is the European Union’s bank, lending to projects that contribute to growth and employment within Europe. This briefing gives a short overview of the Bank's membership and operation, and discusses some of the issues surrounding the UK's future relationship with the Bank following Brexit.

Metadata

Provider:

UK Parliament research

URL:

https://researchbriefings.parliament.uk/ResearchBriefing/Summary/CBP-8145

Retrieved on:

星期五, 二月 15, 2019

Information

Tags:

Economy, Finance, Money, Multilateral development banks, Economy of the European Union, European Investment Bank, Bank, European Investment Fund, EIB, Venture capital, AccessBank Liberia, Direct lending

摘要

Key Points:

House of Commons Library
Based in Luxembourg, the European Investment Bank is the European Unions bank, lending to projects that contribute to growth and employment within Europe.
The European Investment Bank (EIB) was set up in 1958 under the terms of the Treaty of Rome.Based in Luxembourg, it is the European Unions bank, lending to projects that contribute to growth and employment within Europe.
The main points of contention surround the capital that the UK has paid into the Bank, what any ongoing relationship with the Bank would look like, whether projects in the UK will continue to receive loans, and whether the UK could create its own replacement for the Bank.
The European Investment Fund, an offshoot of the EIB partly owned by private financial institutions, supports small and medium-sized enterprises throughout Europe by providing risk financing (for example, by backing venture capital firms).