Tag Archives: EIB

Paschal Donohoe succeeds Michael NOONAN as EIB Governor for Ireland

LUXEMBOURG, 27-Jul-2017 — /EuropaWire/ — In June 2017, Mr Paschal DONOHOE was appointed as Minister for Finance and Public Expenditure and Reform. He also becomes EIB Governor for Ireland, succeeding Mr Michael NOONAN. Before his appointment as Minister for Finance and … Read the full press release

Kerstin JORNA succeeds Gerassimos THOMAS as a Full Member of the Board of Directors of the EIB

LUXEMBOURG, 27-Jul-2017 — /EuropaWire/ — By letter dated 17 May 2017, the European Commission nominated Ms Kerstin JORNA for appointment as a Full Member of the Board of Directors of the EIB to succeed Mr Gerassimos THOMAS, who had tendered his … Read the full press release

EIB celebrated the 10th anniversary of the world’s first “Climate Awareness Bond” at the Luxembourg Stock Exchange

LUXEMBOURG 10-Jul-2017 — /EuropaWire/ — The European Investment Bank (EIB), the world’s largest multilateral public bank and largest issuer of green bonds, today (05/07/2017) celebrated the 10th anniversary of the world’s first “Climate Awareness Bond” at the Luxembourg Stock Exchange, … Read the full press release

EIB Vice-President Jan Vapaavuori Resigns from his Post

LUXEMBOURG, 12-Jun-2017 — /EuropaWire/ — Following his election to Mayor of Helsinki and the official appointment, Jan Vapaavuori has tendered his resignation from the post of Vice-President and Member of the Management Committee of the European Investment Bank (EIB) on 8 June 2017. Mr Vapaavuori took up the post of the EIB Vice-President on … Read the full press release

EIB: A number of inaccuracies and misleading statements in Climate Action Network (CAN) report

LUXEMBOURG, 07-Sep-2016 — /EuropaWire/ — The European Investment Bank (EIB) attaches great importance to engaging with civil society and ensuring that policies and lending activity reflect the recognition of the importance of climate action, that the EIB shares with a broad … Read the full press release

EU auditors: EIB managed ACP Investment Facility adds value to EU’s development efforts

Luxembourg, 19-11-2015 — /EuropaWire/ — The ACP Investment Facility, which has approved €5.7 billion worth of development projects over the last decade, adds value to the European Union’s development efforts and fits in well with its policy objectives, according to … Read the full press release

EIB, Meridiam announced new €30 million catalyst investment in the Meridiam Infrastructure Africa Fund

Luxembourg, 30-9-2015 — /EuropaWire/ — Europe’s long-term financing institution, the European Investment Bank (EIB) and Meridiam, a leading global investor and asset manager specializing in public and community infrastructure today announced the agreement of a new €30 million catalyst investment in the … Read the full press release

Bristol, European Green Capital 2015: EIB supported the city’s ambitious energy programme

Bristol is at the forefront of a global movement of cities that are reinventing what it means to be sustainable and resilient in the age of climate change. Luxembourg, 23-4-2015 — /EuropaWire/ — Located in South West England, Bristol city, … Read the full press release

EIB and European Commission launch two new financial instruments to encourage greater private sector involvement in climate and biodiversity schemes

Luxembourg, 16-2-2015 — /EuropaWire/ — Two new financial instruments that aim to encourage greater private sector involvement in schemes that contribute to the twin climate priorities of reducing energy use and conserving natural capital, especially biodiversity, in Europe will be later … Read the full press release

EIB invested an unprecedented EUR 1.37bn in France between 12 and 16 May to support employment, social cohesion and economic development

Luxembourg, 22-5-2014 — /EuropaWire/ — The EIB invested an unprecedented EUR 1.37bn in France between 12 and 16 May. Projects supported include the refurbishment of schools, investment in France’s small businesses, a motorway and sustainable public transport initiatives. These will all contribute … Read the full press release

Banco de Portugal hosts European Investment Bank’s art collection in the future Money Museum’s exhibition space at Banco de Portugal’s head office

The contemporary art collection of the European Investment Bank (EIB) is presented in the future Money Museum’s exhibition space at Banco de Portugal’s head office, in Lisbon’s historic centre. LISBON, 19-5-2014 — /EuropaWire/ — Within/Beyond Borders occupies part of the former Church … Read the full press release

EIB commits EUR 120 million to finance forestry projects in Slovakia

Luxembourg, 3-3-2014 — /EuropaWire/ — The European Investment Bank (EIB) is lending EUR 120 million to finance projects contributing to afforestation, improved forest protection and management and the upgrading of agricultural infrastructure in rural Slovakia. EIB Vice-President László Baranyay, responsible for … Read the full press release

EIB to provide EUR 220m loan to Johnson Controls for eco-friendly automotive equipment

Luxembourg, 3-3-2014 — /EuropaWire/ — Johnson Controls, a global multi-industrial company with established core businesses in the automotive, building and energy storage industries, is strengthening its research and development in the field of eco-friendly automotive equipment. The European Investment Bank … Read the full press release

The European Investment Bank to finance Hungary’s railway infrastructure rehabilitation and upgrade with EUR 250 million

Luxembourg / Budapest, Hungary, 9-1-2014 — /EuropaWire/ — The European Investment Bank (EIB) is lending EUR 250 million to finance the implementation ofHungary’s railway infrastructure rehabilitation and upgrading investment programme for the period2013-2016. The objective is to improve the safety, capacity and performance of the existingconventional railway infrastructure with positive impacts on commuters and … Read the full press release

United Kingdom of Great Britain and Northern Ireland nominated Anna Wechsberg as Alternate Member of the Board of Directors of the EIB

Luxembourg, 16-12-2013 — /EuropaWire/ — Byletter dated 12 November 2013, the United Kingdom of Great Britain and Northern Ireland nominated, Ms Anna Wechsberg (Head of Europe Department, DFID) for appointment as an Alternate Member of the Board of Directors of the EIB … Read the full press release

The third President of the European Investment Bank Yves Le Portz passed away in Paris at the age of 93

Paris, France, 16-12-2013 — /EuropaWire/ — Yves Le Portz, third President of the European Investment Bank (from 1970 until 1984), passed away in Paris at the age of 93. Born in 1920, a high civil servant after World War II, Yves le … Read the full press release

European Investment Bank (EIB) granted €100 million loan to Banco Popular Portugal to finance SMEs and midcaps in Portugal

Luxembourg, 16-12-2013 — /EuropaWire/ — Building upon a long-standing and fruitful cooperation between the two institutions, the European Investment Bank (EIB) has granted a EUR 100 million loan to Banco Popular Portugal to finance small and medium-sized projects undertaken by SMEs and … Read the full press release

The European Investment Bank to lend EUR 200 million for Magyar Telekom’s mobile and fixed broadband telecommunications infrastructure upgrade

The European Investment Bank (EIB) is lending HUF 60 billion (some EUR 200 million) to finance theimprovement of availability and increase in quality of Magyar Telekom’s mobile and fixed broadband telecommunications infrastructure. Luxembourg / Budapest, Hungary, 13-12-2013 — /EuropaWire/ — EIB Vice-President László Baranyay, who is responsible … Read the full press release

Polish PKP Cargo S.A. received €47 million loan from EIB to upgrade its rail fleet in Poland

Warsaw, Poland, Luxembourg, 05-12-2013 — /EuropaWire/ — The European Investment Bank (EIB) is lending PLN 200 million (EUR 47 million) to PKP Cargo S.A. for the upgrading of the rail fleet in Poland. The Bank has now supported rail investments in Poland for 23 years, promoting the … Read the full press release

Alba Leasing and EIB signed €95 million loan guaranteed by SACE for new leasing schemes targeting SMEs

Milan, Italy, 05-12-2013 — /EuropaWire/ — Alba Leasing – a major financial leasing company – and the European Investment Bank (EIB) have signed a €95 million loan guaranteed by SACE for supporting new leasing schemes targeting SMEs. These new financial resources will be used to develop Alba Leasing’s business … Read the full press release

EIB supports Turkey’s earthquake risk mitigation efforts with EUR 200 million

Luxembourg, 30-10-2013 — /EuropaWire/ — The European Investment Bank (EIB) is providing EUR 200 million to the Republic of Turkey as follow up support to earthquake risk mitigation efforts in Istanbul, Turkey’s commercial and financial centre. The EIB funds are being provided … Read the full press release

EIB provides €365M loan to Snam for development of Italgas and Snam Rete Gas natural gas projects

Luxembourg, 24-10-2013 — /EuropaWire/ — The European Investment Bank (EIB) has signed two loan contracts with Snam, amounting to EUR 300 million and EUR 65 million, for the financing of two projects to be developed respectively by Italgas and Snam Rete Gas, the two Snam-controlled … Read the full press release

Vienna 2 Initiative Full Forum in Brussels focused on weak credit growth and non-performing loans (NPLs) across Central, Eastern and South Eastern Europe (CESEE) banking sector

Brussels, Belgium,  24-10-2013 — /EuropaWire/ — The Vienna 2 Initiative Full Forum met in Brussels on 21-22 October. It assessed recent trends in deleveraging, credit provision, and non-performing loans (NPLs) in the banking sectors of Central, Eastern and South Eastern Europe (CESEE). … Read the full press release

The European Investment Bank launched new recruitment campaign for its FEMIP Internship Programme

Luxembourg, 18-10-2013 — /EuropaWire/ — The European Investment Bank (EIB) is currently launching a new recruitment campaign for its FEMIP Internship Programme. The Programme is open to students who are nationals of the Mediterranean partner countries (Algeria, Egypt, Gaza/West Bank, Israel, Jordan, … Read the full press release

Heads of seven multilateral institutions issued joint statement on trade facilitation assistance at World Bank/IMF Annual Meeting

African Development Bank Asian Development Bank European Bank for Reconstruction and Development European Investment Bank Inter-American Development Bank International Monetary FundWorld Bank Group Washington, D.C., United States, 15-10-2013 — /EuropaWire/ — The Ninth WTO Ministerial Conference in Bali, Indonesia on 3-6 December … Read the full press release

EIB to provide €50M loan to Municipality of Sofia, Bulgaria in support of transport infrastructure projects

Luxembourg/Sofia,  08-10-2013 — /EuropaWire/ — The European Investment Bank (EIB) and the Municipality of Sofia today signed a new loan agreement of EUR 50 million to support the implementation of the Bulgarian capital city’s master plan. The loan will finance a transport … Read the full press release

Italian multi-utility company Hera Group to receive €300M loan from EIB

Bologna, Italy, 03-10-2013 — /EuropaWire/ — The European Investment Bank (EIB) and the Hera Group signed in Milan an initial EUR 200 million tranche of an approved aggregate loan of EUR 300 million, intended to support the investments of the Italian multi-utility company listed on … Read the full press release

EIB lends EUR 50M to CIBANK for projects of SMEs and mid-cap companies in Bulgaria

The European Investment Bank (EIB) is lending EUR 50 million to CIBANK to finance projects promoted by small and medium-sized enterprises and mid-cap companies in Bulgaria. EIB funds will support projects across the whole country, significantly supporting employment. 27-9-2013 — … Read the full press release

The European Investment Bank lends €235M to PKP Polskie Linie Kolejowe S.A. to upgrade the Warsaw – Radom electrified railway line

20-9-2013 — /EuropaWire/ — The European Investment Bank (EIB) is lending EUR 235 million to PKP Polskie Linie Kolejowe S.A. (PLK) for the upgrading of 92.5 km of an existing electrified railway line from Warsaw to Radom. This is a continuation of the EIB’s … Read the full press release

The European Investment Bank lends €40M long-term loan to SREI Infrastructure Finance Limited (SREI) for renewable energy projects in India

16-9-2013 — /EuropaWire/ — The European Investment Bank (EIB) has signed a EUR 40 million long-term loan to SREI Infrastructure Finance Limited (SREI), with the main purpose of financing investments that will help to mitigate climate change in India. The loan will … Read the full press release