Our Mission is to further the objectives of the European Union by making long-term finance available for sound investment.
The EIB Group promotes Corporate Responsibility through its mission and activities in the service of the European Union, through the way it implements these and through its internal management.
The EIB attaches great importance to engaging with civil society and building cooperative relations with its representatives.
The EIB furthers the objectives of the European Union by making long-term finance available for sound investment.
The EIB Group offers four main services to its clients: loans, technical assistance, guarantees and venture capital.
EIB lending is governed by a series of mandates from the EU in support of EU development and cooperation policies in partner countries.
Extractive industry and mining projects are often complex and challenging. But they can also be prime ways of adding value to indigenous natural resources, increasing export revenues and generating fiscal income for the countries where they are located through royalties and corporate taxes. Within this context, the EIB has welcomed the announcement that one of the mining projects financed by the bank, the Moma Titanium minerals mine in northern Mozambique, has recently won two major Corporate Social Responsibility (CSR) and Socio-Economic awards.
The EIB organises regular public consultations on key policies governing its operations. On February 2nd 2010, it did adopt a revised transparency policy and an updated complaints mechanism, unique among international financing institutions.
The European Investment Bank adopted a revised transparency policy and an updated complaints mechanism during its board meeting of 2 February 2010. The new complaints mechanism provides members of the public who are, or feel, affected by the Bank's decisions with a comprehensive tool enabling resolution of disputes.
As from 1 February, EIB staff will be free to use the bus network of the City of Luxembourg throughout the capital. For the EIB, the bank of the European Union, which includes action to deal with climate change as one of its priorities, opting for the “jobkaart” is also an internal manifestation of its external undertakings.
Bank Austria and the EIB signed a risk sharing agreement in Vienna, under which the EIB will in future no longer act purely as a provider of funding to Bank Austria but also, under a pilot project in association with the bank, grant low-interest loans to businesses.
The EIB has agreed to provide a EUR 15m loan to Omnicane to construct two sugar refineries in Mauritius as part of the European Union’s wider support of reform in the Mauritius sugar industry. Support provided to Omnicane and FUEL will create some 70 new jobs, in addition to the employment of 500 existing workers.
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