European Investment Bank


European Investment Bank
European Investment Bank ˌEuropean Inˈvestment ˌBank abbreviation EIB noun BANKING ORGANIZATIONS
an institution of the European Union that lends money for investment for roads, communications etc and business development inside and outside the EU:

• The European Investment Bank financed 30% of the new motorway linking Berlin and Warsaw at a cost of Ecu2.2 billion ($2.5 billion).

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   ► See EIB.

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European Investment Bank UK US noun (ABBREVIATION EIB) BANKING, FINANCE
a bank owned by the countries of the European Union, which raises money to invest in projects to encourage economic development, especially in poor areas of EU countries: »

The European Investment Bank has become the main financing vehicle for new investment in EU transport, telecommunications and energy.


Financial and business terms. 2012.

Look at other dictionaries:

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  • European Investment Bank — EIB A bank set up under the Treaty of Rome in 1958 to finance capital investment projects in the European Economic Community (EEC). It grants long term loans to private companies and public institutions for projects that further the aims of the… …   Big dictionary of business and management

  • European Investment Bank — /ˌjυərəpi:ən ɪn vestmənt b ŋk/ noun international European bank set up to provide loans to European countries. Abbreviation EIB …   Dictionary of banking and finance

  • European Investment Bank — (EIB)   Established in 1957 to finance capital investment that will benefit and aid EC development. Although the Member States provide a subscription capital, it raises most of its funds on the international capital markets. Its major objectives… …   Glossary of the European Union and European Communities

  • European Investment Bank — …   Useful english dictionary

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