Summary: European Investment Bank Oct 08
- ID: 2029501
- October 2008
- Region: Europe
- Standard & Poors
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
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