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For establishment of a more efficient and reliable public transit system, the European Investment Bank (EIB) provides $47million to Bosnia and Herzegovina. The fund will support the reconstruction of the urban transport network in the Canton of Sarajevo.

  • The financing, provided on the most favourable terms, will enable modernisation and extension of the tram and trolley bus networks by replacing existing vehicles and building new tramlines and tracks.
  • These improvements will significantly increase safety and reduce traffic congestion and air pollution in the capital city of Bosnia and Herzegovina and the surrounding municipalities.
  • The reconstruction will help to reduce commute times, greenhouse gas emissions, noise levels and the number of traffic accidents in the Canton of Sarajevo.

The major supports and loans by European Investment Bank are featured below:

March 2021: For COVID-19 resilience, EIB Group supports Romania with $962 million. The new financing from the European Investment Bank will benefit higher education, water distribution, energy efficiency and private sector investment across Romania.

March 2021: To boost digital transportation the European Investment Bank (EIB) and the Société Nationale des Autoroutes du Maroc (ADM), responsible for building, operating and maintaining Morocco’s highways, signed a financing contract of USD 103 million.

Feb 2021: To accelerate research in plant protein and biosource materials, the European Investment Bank (EIB) had finalized a USD 60 million loan to Avril group in France. The finance helps to innovative projects in the fields of plant proteins and chemistry.

Dec 2020: The Government of Ukraine had signed three loans totalling $774 million with European Investment Bank (EIB) to boost the economic development of eastern region of the country. The loan help in the development of sustainable municipal transport and the modernisation of the transport infrastructure in the country.

Dec 2020: Amid COVID-19 pandemic the European Investment Bank (EIB), had signed a $197 million loan to support the Hungarian healthcare sector. The finance will help to construct emergency container hospital, which will expand the number of bed units for treating COVID-19 patients in Hungary.

Oct 2020: The leading Spanish financial service provider Banco Santander join forces with the European Investment Bank (EIB) to provide approximately $1 billion, financial supports to the Spanish small and medium-sized enterprises (SMEs) and mid-caps affected by the economic impact of COVID-19.

Oct 2020: For the development of SME in Poland, Europejski Fundusz Leasingowy (EFL) signed a new loan agreement of approximately $118 million with the European Investment Bank (EIB). The new fund will be used to finance investments by small and medium-sized enterprises (SMEs) in Poland

Sep 2020: European Investment Bank announce financing to Fiat Chrysler Automobiles N.V (FCA) for manufacturing ever-safer battery electric vehicles and plug-in hybrid electric vehicles increases to almost $948 million.

Sep 2020: To mitigate the impact of COVID-19, the European Investment Bank (EIB) has approved approximately $14.8 billion of new financing for transport, clean energy, urban development and COVID-19 resilience projects across Europe and around the world.

Sep 2020: The European Investment Bank (EIB) announced to financial support to cope with the consequences of COVID-19. The EIB will lend approximately $770 million to help the Polish government.

Aug 2020: The Moroccan Ministry of Economy, Finance and Administration Reform announced that the European Investment Bank (EIB), has released approximately $119 million to deals with the COVID-19 pandemic.

Aug 2020: European Investment Bank (EIB) will provide a $23 million loan to Spanish biopharmaceutical company Sanifit to develop new treatments for progressive vascular calcification.

July 2020: The European Investment Bank has announced to support construction of a new power plant in Greece by Mytilineos S.A. EIB agrees $141 million financing for $365 million power plant.

July 2020: The European Investment Bank (EIB) has approved approximately $18.8 billion of new financing for projects across Europe and around the world. The funding includes more than $10.5 billion of COVID-19-related investment to improve public health, and back investment by companies in sectors hit by the pandemic.

June 2020: The European Investment Bank (EIB) announced a $225 million loan to a Germany based KWS SAAT SE & Co. a leading seed producer.

June 2020: The European Investment Bank has approved $804 billion of new financing for projects across Europe and around the world. The fresh fund will improve public health, hospital and dedicated new business lending programmes to support sectors most impacted by the COVID-19 pandemic.

June 2020: The European Investment Bank had granted a line of credit of approximately $ 509 million to the consortium bringing together EDF Renouvelables, Enbridge and wpd to co-finance the construction of the largest offshore wind farm project in France, located off Fecamp.

May 2020: The European Investment Bank expands cooperation with the World Health Organization to strengthen public health, supply of essential equipment, training and hygiene investment in countries most vulnerable to the COVID-19 pandemic.

April 2020: European Investment Bank had approved approximately $5.4 billion financial assistance for businesses hit by the economic shock created by COVID-19. The new fund will help to upgrade and manufacture more medical equipment’s for COVID patient.

April 2020: The EIB Group had announced a COVID-19 guarantee fund of approximately $27 billion. The fund will be implemented by the Groups subsidiary EIB and the EIF, which is specialised in funding small and medium-sized enterprises. In addition to the COVID-19 guarantee fund, the EIB Group is also implementing the emergency measures to support companies in the EU to overcome the consequences caused by the coronavirus.

March 2020, The EIB Group had proposed a plan to mobilise approximately $ 44 billion of financing for SMEs and mid-caps. The fund will be supported through loans, credit holidays and other measures designed to alleviate liquidity and working capital constraints for SMEs and mid-caps.

About EIB
The European Investment Bank Group, is an international financial institution, headquartered in Luxembourg. It is a bank of European Union. The EIB Group has two parts- the European Investment Bank(EIB) and the European Investment Fund(EIF). The EIB is the lending arm of 27 members European Union. The EIF support SMEs, and it work through financial intermediaries in the Member States and in partnership with national promotional banks. EIB helps in creating jobs and improving lives for EU citizens and also helps people in developing countries.

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