European Investment Bank (EIB)

The European Investment Bank EIB is the European Union’s bank, with member states contributing jointly to its capital in accordance to their economic weight and has its headquarters in Luxembourg. EIB provides long-term finance for sound, sustainable investment projects to foster EU policy goals in Europe and beyond. EIB targets four priority areas in support of growth and job creation: innovation and skills, SMEs, climate action and strategic infrastructure across the EU. EIB is one of the largest multilateral and credible borrowers on global markets. Drawing from its excellent credit rating AAA , EIB is able to raise funds at advantageous interest rates from international capital markets through bond issues with the benefits passed on to its clients. Since then, EIB has been a solid and reliable partner of Cyprus by financing projects in all sectors of the economy with exceptional favourable terms, offering added value, expertise and experience mainly in public investments.

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