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Summary: European Investment Bank Oct 08 Product Image

Summary: European Investment Bank Oct 08

  • Published: October 2008
  • Region: Europe
  • Standard & Poors

FEATURED COMPANIES

  • European Investment Bank
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Abstract
The European Investment Bank (EIB) was created under the Treaty of Rome in 1958 as the long-term lending bank of the European Union (EU). Its shareholders consist entirely of EU member countries, each of which must join EIB and subscribe to its capital; accordingly, it had 27 country shareholders at year-end 2007, with Germany, France, Italy, and the U.K. each subscribing to 16.2% of its capital. With total assets of nearly €302 billion at year-end 2007, EIB is by far the largest multilateral lending institution (MLI) rated by Standard & Poor's Ratings Services. Its outstanding loans totaled more than €266 billion; of this amount, nearly €256 billion was for projects within EU member countries, and much of the remainder was...

Companies mentioned in this report are:
- European Investment Bank

Action: Review

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an READ MORE >

- European Investment Bank

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