« Back to Glossary Index
Tags: EU, investments
Categories: Economics & Finance
The European Investment Bank (EIB) is the European Union’s financing institution. Its shareholders are the 27 Member States of the Union, which have jointly subscribed its capital. The EIB’s Board of Governors is composed of the Finance Ministers of these States. The EIB’s role is to provide long-term finance in support of investment projects.
(source: http://www.smartgrids.eu/EIB)
