EIB European investment bank
European Investment Bank website: http://www.eib.eu.int
The European Investment Bank (EIB) is an intergovernmental financial institution of European economies. Founded in June 65438+June 0958, headquartered in Luxembourg. The purpose of the Bank is to promote the balanced and stable development of * * * by using the international capital market and internal funds of * * *. To this end, the World Bank's main loan targets are economic development projects in underdeveloped areas of member countries. Since 1964, the loan target has been extended to countries with close ties or cooperation agreements with Europe.
I. Organization of the European Investment Bank
The Bank is an enterprise-oriented joint-stock financial institution. The board of directors is its highest authority, composed of finance ministers of member countries, and is responsible for formulating the general principles and policies of the bank. The chairman of the board of directors is rotated by member States; The board of directors is responsible for the decision-making of approving loans, determining interest rates and other major businesses, and the management Committee is responsible for the management of daily business; In addition, there is the Audit Committee.
Second, the sources of funds of the European Investment Bank
(1) The share capital subscribed by the member countries, with the legal capital of 654.38+0 billion European accounting units at the time of initial establishment;
(2) Borrowing, raising funds in the international financial market by issuing bonds, is the main source of funds for banks.
Three. Business activities of the European Investment Bank
(1) Providing loans or loan guarantees for investment projects that promote balanced regional development in the fields of industry, energy and infrastructure;
(2) to promote the interests of member countries or * * *;
③ Promote enterprise modernization. Among them, providing loans is the main business of banks, including two forms: one is ordinary loans, that is, loans issued with legal capital and borrowed funds, which are mainly distributed to private enterprises of the same subject member government, and the loan period can reach 20 years; Second, special loans, that is, preferential loans provided to countries and regions outside the * * * Community, are mainly provided to African countries and other developing countries that maintain close ties with Europe according to the assistance plan of the * * * Community, and the loans are charged at low interest or no interest.
In addition to the above three regional international financial institutions, the typical ones are the European Bank for Reconstruction and Development, the Inter-American Development Bank, the African Development Bank and the Caribbean Development Bank.
2. Nordic Investment Bank "NIB"
Founded in 1976, it is a regional financial organization composed of five Nordic countries: Denmark, Norway, Sweden, Finland and Iceland, with its headquarters in Finland ['finl? Nd] Helsinki ['helsi? Ki]. The registered capital of Nordic Investment Bank is 4 billion euros, which is subscribed by member countries according to GDP, including 38% in Sweden, 22% in Denmark, 20% in Norway, 0/9% in Finland and 0/0% in Iceland.
On June 65438+1 October1day, 2005, Lithuania, Latvia and Estonia formally joined the Nordic Investment Bank.